Sensex, Nifty gain for fifth session; financials lead

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Reuters
Last Updated : Dec 17 2018 | 4:20 PM IST

(Reuters) - Indian shares ended higher on Monday, led by gains in financial companies, as strong momentum continued from last week following state election results and the appointment of Shaktikanta Das as the central bank governor.

The benchmark Sensex closed up 0.85 percent at 36,270.07, its highest close since Dec. 4, while the broader Nifty ended 0.77 percent higher at 10,888.35, having earlier crossed the 10,900 level for the first time in a fortnight.

Housing Development Finance Corp Ltd was the biggest contributer to the Nifty's gains, with shares closing 2.95 percent higher.

(Reporting By Arnab Paul in Bengaluru; Editing by Rashmi Aich)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Dec 17 2018 | 4:04 PM IST

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