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Indian markets rally on Friday on hopes of economic reforms and good monsoon

India Blooms News Service | | Jul 01, 2016, at 09:49 pm

#Sensex #Nifty #Indian stock market

Mumbai, Jul 1 (IBNS): The Indian benchmark indices rallied for the fifth day on Friday largely based on hopes of a good monsoona nd economic reforms, with the Sensex up 145.19 points to 27144.91, and the Nifty up 40.60 points to 8328.35.

The Nifty ended above 8300 after nearly 10 months.

Strong gains in FMCG, capital goods, oil & gas and pharma stocks held up market sentiment.

Top gainers on Friday included ONGC, BHEL, L&T, GAIL and Dr Reddy's while TCS, Coal India, Adani Ports and HDFC ended as losers.

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