After gaining as much as 8 per cent, the benchmark indices gave up half the gains to end October with a net 4 per cent gain.
At one point, the markets was less than 3 per cent shy of new record highs. However, rising infections in Europe and the US, coupled with a delay in US stimulus announcements, caused a pullback.
The high-beta banking and realty stocks were among major gainers. Index heavyweight Reliance Industries was the biggest drag on market performance, with shares dropping 8 per cent.
Overseas investors started off as aggressive buyers but turned net sellers during

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