Markets Close in Green on Sector Specific Buying

Markets gained on the back of buying in select sectors like Realty and FMCG. A reversal in global markets also helped the indices to regain some strength, taking the Sensex and Nifty above the 20,000 and 6,000 mark respectively. The indices moved between the positive and negative terrain in early trade. It regained strength to hit fresh intraday highs in morning trade as Asian stocks turned positive and as US index futures rose. The Sensex closed the day in green gaining 184.17 points or 0.93 percentage points to close at 20,045.18.  Nifty ends the day at 6,018.30 gaining 58.75 points or 0.99 percentage points. On the global front, European stocks fell for a fourth day, after a selloff in mining companies outweighed an unexpected rise in German business confidence. Asian shares also retreated while U.S. futures advanced.