It was a strong close for the Indian market on the last day of a mixed week following a post-lunch rally which posted broad gains in most sectors, particularly banks, metals, oil & gas and auto. Sensex shut shop at 16846, up 363 points and Nifty at 5050, up 113 points from the previous close. CNX Midcap index was up 1.7% and BSE Smallcap index was up 1.1%. The market breadth was positive with advances at 915 against declines of 353 on the NSE. Top Nifty gainers included Ambuja Cements, Tata Power and BPCL while losers were Hero MotoCorp and Ranbaxy.
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