Markets Wash-off Two Days Losses, Nifty Closes Near 8300 levels

Today, Indian benchmark indices snapped two days losing streak and closed at two months high. Post the sideways movement till the afternoon session Indian stock markets broke out in the concluding half an hour where NSE Nifty and BSE Sensex closed 0.65% up at 8289 and 26900 levels respectively.

Broader markets maintained outperformance where BSE Midcap and BSE Smallcap indices closed 0.8% and 0.7% higher. Market bias remained positive with 1662 stock advances and 1151 stock declines.

BSE Metal and BSE Industrials were the top gainers with the indices gaining by 1.42% and 1.57%.

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