Sensex gains 308 points to 74,460, Nifty reclaims 23,000 as October ends on a high
IT and pharma led the final-day rally; benchmarks snapped a two-month losing streak.
Indian equities extended their recovery for a second straight session on Friday, the last trading day of October.
The Sensex rose 308.49 points to close at 74,459.53 and the Nifty 50 added 116.35 points to finish at 23,053.10, with IT and pharma stocks leading the gains.
Broader market breadth stayed weak even as the headline indices advanced, capping the upside. The monthly close still broke a two-month losing streak for both benchmarks.
Originally reported by The Hindu BusinessLine. Article compiled by the Deccan Age desk.
