Sensex surges 205 points, Nifty above 10,322

Equity market tips, Money Maker Research, Top Stock Buy Sell Today, Stock in News, Stock Tips TomorrowIndian share markets continue to rally for the third consecutive day and ended higher at record highs on Monday before the II-phase of Gujarat state elections due later on 14 Dec.

BSE Sensex gained 205.49 points and NSE Nifty added 56.6 points to settle at 10,322.25. Shares of TCS, ITC, HDFC, and SBI contributed heavily to the upsurge both in Sensex and Nifty.

Shares of TCS, M&M, Lupin, HDFC, Wipro, Coal India, SBI, and ITC emerged as the lead gainers on Sensex, spiking up to 2.35%. The stocks HDFC, ITC, TCS, SBI, and M&M contributed the most to the Sensex gains.

On NSE, Shares of Spacenet Enterprises, Star Paper Mills, Repro India, Ucal Fuel Systems and Provogue (India) Ltd zoomed 2 percent.  Among the gainers in the Nifty50 pack, shares of Aurobindo Pharma and Tata Consultancy Services climbed up to 3 percent each.  However, shares of Bharti Infratel, NTPC, Asian Paints, YES Bank, Oil & Natural Gas Corp, Reliance Industries and Indiabulls Housing Finance settled among the losers.

Rupee was trading at Rs 64.36 against the US dollar in the afternoon session while oil prices were trading at USD57.02

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