Sensex closes at 1-1/2 month highs; banks rally
MUMBAI (Reuters) - The BSE Sensex rose over 1 percent on Thursday to close at its highest in 1-1/2 months after Axis Bank surged on better-than- expected June-quarter results sparking rally in other banking stocks as well.
Axis Bank provisionally rose 4.03 percent, while HDFC Bank ended 3 percent higher.
The Sensex provisionally gained 1.02 percent, while the Nifty ended up 1.08 percent, marking their second consecutive session of gains.
(Reporting by Abhishek Vishnoi; Editing by Gopakumar Warrier)