Investors cheered as the benchmark indices of the Indianstock markets Sensex and Nifty 50 rose more than 1%.
The rise is supported by all market capitalisation companiesbut led by large-cap ones with the large-cap index Nifty 50 up by 1.14%, midcapindex up by 0.98%, and the small-cap index up by 0.59%
Not surprisingly, the fear index of the Indian capitalmarkets India Vix is red with the change being -4.41%.
Financial sectors are leading the rise with the indices NiftyFinancial Services being up by 2.39%, Nifty Bank up 2.91%, Nifty PSU Bank beingup by 2.96%, Nifty Private Bank being up by 2.67%.
These sectors are supported by realty as the index for thissector Nifty Realty is up by 1.53%.
Other sectors are lying in the range of change of -0.25% to0.25%, namely FMCG, IT, Media, Metal.
Pharma is the noteworthy laggard today with it showing achange of -0.47%.
It is noteworthy that CPSE stocks are down with the indexNifty PSE showing -0.45%.
The top gainers from Nifty 50 are State Bank of India, UPL,Indusind Bank, ICICI Bank, and Bajaj Financial Services.
The top losers are Cipla, Larsen & Toubro, BhartiAirtel, SBI Life, and Sun Pharma.