The domestic markets closed Thursday’s session on a positive note as the Sensex jumped over 450 points and the Nifty above the 17500-level. Reliance Industries, along with pharma and IT shares, lead the surge the market close. It’s also a November series (Futures and Options) expiry today.

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The BSE Sensex surged 454 points or 0.78 per cent to 58795, and the Nifty50 gained over 121 points or 0.70 per cent to the 17536 levels. While the broader markets, followed the benchmarks suite as the mid-cap gained by 0.68 per cent and the small-cap by almost 1 per cent at the market close today.  

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The 12-shares Nifty Bank closed with minor cuts, down 77 points or 0.2 per cent to 37,364 levels. The banking index is a key driver of Nifty50, dragged by mainly ICICI Bank and IndusInd Bank.

As many as 25 stocks gained and 25 declined on the Nifty50 at the market close. Index heavyweight Reliance Industries surged over 6 per cent, followed by Divis Lab up over 2.5 per cent at the close.

ITC, Infosys, Tech Mahindra, Grasim, Tata Consumer, Kotak Bank, Tata Motors and ONGC each surged between 1-2 per cent at the market close.

On the contrary, Britannia slipped most by over 1.5 per cent, followed by IOC nearly 1.5 per cent at the market close. ICICI Bank, IndusInd Bank, HUL, Maruti, Hindalco and Hero Moto declined between 1-2 per cent at the market close.

Indices such as Pharma, IT and media gained most by around 1 per cent at the market close today, followed by FMCG and realty. While Nifty Auto and public sector banks tried to drag the market as ach down by around 0.5 per cent, followed by banking and financial indices.