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Nifty scores highest closing level on Thursday

| | May 05, 2017, at 03:12 am
Mumbai, May 4 (IBNS): The Indian market ended higher on Thursday with BSE Sensex up 231.41 points at 30,126.21 and NSE Nifty up 47.95 points at 9,359.90, the highest ever closing level, according to media reports.

Quite a few factors led to the positive sentiment on Thursday, including a rally in ICICI Bank share prices, positive European cues, cabinet’s approval to National Steel Policy 2017 and amendments to Banking Regulation Act.

Some of the key stocks that gained were ICICI Ban, Adani Ports, Axis Bank, SBI and HUL while Tata Motors, ONGC, M&M, ONGC, Reliance and Cipla declined.
 

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