Sensex, Nifty extend gains, ICICI Bank gains over 6%

Sensex, Nifty extend gains, ICICI Bank gains over 6%

The BSE benchmark Sensex made an impressive rise on Monday, gaining 293 points to close at an over three-month high of 35,208.14 while the broader Nifty regained the 10,700-mark amid mixed global cues.

It finally settled 8.18 points or 0.02 per cent higher at 35,216.32.

The Sensex touched a high of 35388.87 and a low of 35136.01 in the intra day trade.

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Shares of Deccan Gold Mines (up 13.82 per cent), Himadri Speciality Chemical (up 12.70 per cent), Aksh Optifibre (up 9.94 per cent), Arcotech (up 8.47 per cent) and GVK Power & Infrastructure (up 6.05 per cent) were the top gainers in the smallcap index. The Nifty hit a high of 10,725.65 and a low of 10,635.65 during the day.

ICICI Bank was the star performer in Tuesday's session, comfortably topping the gainers' list by surging almost 7 percent.

Other gainers were SBI, Axis Bank, PowerGrid, Bharti Airtel, NTPC and TCS, rising up to 1.42%. Consumer durables and pharma stocks also rose. The S&P BSE Small-Cap index inched up 0.10 percent while the mid-cap index shed 0.10 percent.

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The US Dow Jones Industrial average ended 0.39 percent high in yesterday's trade.

Meanwhile, foreign portfolio investors (FPIs) sold shares worth Rs 1,628.23 crore on net basis, while domestic institutional investors (DIIs) bought equities to the tune of Rs 1,084.09 crore last Friday, provisional data showed.

Oil prices retreated from three-and-a-half-year highs as investors waited on an announcement by President Donald Trump on whether the United States will reimpose sanctions on Iran.

More news: British foreign secretary to meet with U.S. officials on Iran

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