Markets Surge on Better Quarterly Earnings

The Indian Markets backed by strong quarterly numbers closed the day on a positive note. All the sectoral indices closed the day in green. The main gainers this trading session are the Consumer Durables and Banking indices closing the day with a gain of more than three percentage points. The Realty and Capital Goods indices were the next to follow which closed the day in green gaining more than two percentage points. The Sensex closed the day in green gaining 323.29 points or 1.61 percentage points to close at 20,355.63. Nifty ends the day at 6117.55 gaining 99.85 points or 1.66 percentage points. Market breadth was positive with 1,854 advances against 1,027 declines on BSE. On the global front, Most European stocks gained after Chinese manufacturing expanded at the fastest pace in six months, bolstering confidence in the global economy. U.S. index futures and Asian shares rose.