IT, oil shares help Sensex rise 51 pts; Nifty ends above 6K mark
Outside broader indices, shares of Manappuram Finance and Muthoot Finance were up sharply on a RBI panel's proposal that gold loan firms be allowed to lend 75 per cent against the value of gold pledged compared to 60 per cent now, said Milan Bavishi, Head Research, Inventure Growth & Securities.
Total market breadth remained positive as 1,713 stocks closed up while 1,263 shares finished lower. The total turnover was relatively higher at Rs 2,688.83 crore from Rs 2,510.23 crore yesterday. Foreign Institutional Investors (FIIs) bought shares worth a net Rs 1107.66 crore yesterday as per provisional data from the stock exchanges.
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