Closing Bell: Sensex ends 159 points higher, Nifty at 10,685; Infosys up 3%

Market at Close It’s a green close for the market on Tuesday, with the Nifty ending well above 10,650-mark.

A rally among PSU banks, energy names as well as IT boosted the market. In the broader market, the Nifty Midcap index ended over half a percent higher.

At the close of market hours, the Sensex ended up 159.06 points or 0.45% at 35513.14, while the Nifty was higher by 57.00 points or 0.54% at 10685.60. The market breadth was narrow as 1238 shares advanced, against a decline of 1320 shares, while 161 shares were unchanged.

Infosys, TCS, and BPCL were the top gainers, while Sun Pharma and Hero MotoCorp lost the most.

PNB gains 2%: Punjab National Bank shares gained 2.5 percent after the lender expects Rs 2,500 crore recovery from Essar Steel resolution.

Moody’s has downgraded Yes Bank’s ratings and changed outlook to negative, reported CNBC-TV18.

Source : http://tiny.cc/da890y

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