Best Month For Nifty & Sensex Since March 2016

On Monday, Indian shares have registered their highest monthly gain, the best so far in over last two years.

The main reason behind this growth is due to gains incurred by the technology shares and also due to strong holdings and boosted sentiment from Housing Development Finance Corporation and Kotak Mahindra Bank.

The BSE Sensex benchmark closed at 35,160.36 points, which was 0.55 % high and also up by 6.6% for the entire month.

Also, the NSE Nifty broader ended at 10,739.35 points, which was 0.44% and posting a 6.2% monthly gain.

However, there is Reliance Industries Ltd.’s telecom branch Jio, which managed gains on both Nifty and Sensex, but still ended down at 3.3 % in the market.

by TNBC Staff Reporter on April 30, 2018

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