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Mkts end at record highs, up over 1% for the week; PSU Banks extend gains

SI Reporter/New Delhi 03 Nov 17 | 03:30 PM

Benchmark indices ended at record highs on Friday as Public sector banks continued their rally. The indices hit fresh highs at intra-day deals too with Nifty50 climbing to 10,461 and Sensex touching  33,726 levels. 

Investor sentiment has been upbeat in India with the government’s recent announcement of a recapitalisation plan for banks.

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The broader NSE Nifty ended 0.3% up at 10,452 to end the week 1.2% higher while Sensex ended 0.3% higher at 33,685, to post a weekly gain of 1.6%.

Meanwhile, positive trend was seen in Asian markets as global investors gave a guarded reception to Republican plans for massive US tax cuts, while welcoming the appointment of a centrist at the helm of the Federal Reserve.

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Sensex

Company Price Gain (%)
Adani Ports414.303.27
H D F C1,718.301.53
St Bk of India335.201.35
Asian Paints1,174.351.12
Maruti Suzuki8,514.301.08

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