Sensex closes 199 points higher, auto and pharma stocks gain
Last Updated : Nov 27 2019 | 7:06 PM IST
New Delhi, Nov 27 (ANI): Equity benchmark indices scaled fresh new highs on Wednesday and ended half a per cent higher due to heavy buying in auto, metal and pharma stocks. The bull run continued amid positive underlying sentiment and optimism surrounding the signing of US-China trade deal's first phase. The BSE SandP Sensex closed 199 points higher at 41,021 while the Nifty 50 edged up by 63 points to 12,101. Most sectoral indices at the National Stock Exchange were in the green except for Nifty media and realty. Nifty auto ticked up by 1.27 per cent, PSU bank by 1.77 per cent and pharma by 0.83 per cent. But Nifty realty and media closed 0.65 per cent and 0.39 per cent lower respectively. Among stocks, Yes Bank added intraday gain of 8.31 per cent to close at Rs 68.40 per share after the private lender offloaded shares of Reliance Capital for the third consecutive session on Tuesday through an open market transaction. Besides, the bank's board of directors will meet on Friday to cons