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Driven by gains in banking, IT stocks, Sensex ends 85 points higher

Driven by gains in banking, IT stocks, Sensex ends 85 points higher

Benchmarks Domestic indices today logged gains for third session in a row even as cues from global equity markets were negative. Sensex at Bombay Stock Exchange climbed 85 points or 0.22 per cent to end at 39,216. Nifty at National Stock Exchange also surged 25 points or 0.21 per cent to settle at 11,688. Shares of 21 companies advances, 27 declines and 2 remain unchanged.

In the broader market, the S&P BSE MidCap ended at 14,542 levels, down 22 points, or 0.15 per cent. The S&P BSE SmallCap too ended 10 points, or 0.07 per cent lower at 13,716 levels. Sectorally, PSU banks were the biggest gainers with the Nifty PSU Bank index closing 1.36 per cent higher.

This was followed by gains in FMCG sector (up 0.81 per cent) and IT sector (up 0.53 per cent). The Nifty Auto index was the top laggard with the index settling over 1 per cent lower.

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