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11 Aug 2020, 03:35:45 PM IST
Market Closing
Indian benchmark share index notched up positive factors for fourth straight session, buoyed by banks and metal stocks amid optimistic cues from world friends.
Sensex settled at 38,407.01, up 224.93 factors or 0.59%, whereas Nifty closed 52.35 factors or 0.46% greater at 11,332.20.
“We have stayed above the 11250 mark the entire day and even attempted levels closer to 11400. We should be able to achieve 11500 soon. The short-medium term support for this market is at 11250,” mentioned Manish Hathiramani, proprietary index dealer and technical analyst, Deen Dayal Investments.
Axis Bank, closing almost 4% greater, was the highest Sensex gainer, adopted by IndusInd Bank, ITC, HDFC and Tata Steel. Titan, Bharti Airtel and HCL Tech have been among the many laggards then again. Of 30 Sensex shares, eight closed within the purple.
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