Nifty ends near two-month high

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Reuters MUMBAI
Last Updated : Jan 01 2016 | 4:07 PM IST

MUMBAI (Reuters) - The Nifty staged a late rebound on Friday to end at its highest level in nearly two months after public sector banking shares led financials higher, while gains in stocks such as Tata Motors also provided some support.

The Nifty ended 0.21 percent higher at 7,963.20, its highest close since Nov. 4.

The benchmark Sensex ended 0.17 percent higher at 26,160.90, its highest close since Dec. 1.

Both the Nifty and Sensex have gained for three consecutive weeks with the Nifty rising 1.3 percent and the Sensex gaining 1.25 percent.

(Reporting by Karen Rebelo in Mumbai; Editing by Anand Basu)

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First Published: Jan 01 2016 | 3:57 PM IST

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