Sensex, Nifty post highest close in 2 months; HDFC Bank leads

Image
Reuters
Last Updated : Nov 29 2018 | 4:25 PM IST

(Reuters) - Indian shares ended higher by more than 1 percent on Thursday, as dovish comments from the U.S. Federal Reserve chairman boosted investor sentiment.

The broader NSE Nifty closed 1.21 percent higher at 10,858.70, while the benchmark BSE Sensex ended up 1.27 percent at 36,170.41. Both the indexes posted their best closing levels since Oct. 1.

Financial stocks accounted for most gains on the indexes, with NSE bank index finishing 1.8 percent higher, its strongest close since Sept. 14. HDFC Bank Ltd, the top performer on the NSE index, closed up 2 percent.

(Reporting by Krishna V Kurup in Bengaluru; Editing by Amrutha Gayathri)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 29 2018 | 4:13 PM IST

Next Story