Sensex Ends 246 Pts Higher And Nifty50 Crosses 16,300 — Rupee Settles At 79.94 Vs Dollar

Market At Close | Sensex and Nifty50 at fresh one-month highs

Here are some highlights: 

–Financial stocks continue to lead market higher — Nifty Bank up over one percent

–ICICI Bank, Axis Bank, Reliance, SBI top Nifty movers

–ONGC and GAIL fall sharply on reports of government mulling windfall tax for gas firms

–HDFC Life earnings miss estimates 

–FMCG stocks see profit booking following recent surge — Nestle, Tata Consumer top losers

–IndusInd Bank among top Nifty gainers ahead of earnings

–Axis Bank continues to gain momentum — stock up over five percent in two days

–Tata Steel rises nearly two percent after a positive brokerage note

–Axis Bank, Apollo Hospitals, IndusInd, M&M top Nifty gainers

–RBL Bank, Escorts, Oberoi, Polycab, Bank of Baroda, Federal Bank top midcap gainers

–Market breadth favours the bulls — advance-decline ratio at 3:2

–Rupee ends at 79.94 vs US dollar after hitting lifetime low of 80.06 during the session

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