Sensex Ends 21 Points Higher

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Mumbai: The S&P BSE Sensex index rose as much as 93.83 points to hit 40,417.44 on the upside, and the broader NSE Nifty benchmark advanced to as high as 11,932.65, up 24.5 points from the previous close.

As per reports, gains in banking stocks – especially state-run lenders – were offset by losses in information technology and pharma shares.

For the most part of the day, the benchmarks traded lower but buying in banking shares which pushed the banking sub-index – Nifty Bank index above 31,000-mark, helped the Sensex and Nifty close on a marginally higher note.

On the other hand, the S&P BSE Auto and IT sectoral indices led the losses, down 0.72 per cent and 0.66 per cent respectively.

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