Mumbai: The BSE Benchmark started
the holiday truncated week with heavy gains, as both indices
made fresh highs on positive trade data and encouraging
comments from the IMF chief on the outlook for Indian economy
cheered investors. Sentiment was also cheerful ahead of Diwali
festival.
However, after gaining a bullish momentum, the indices
started consolidating on Tuesday, the Nifty ended almost flat
while the Sensex ended in red and on Wednesday the Nifty
observed some heavy distribution as it gained one distribution
day, while the Sensex posted a loss of almost 25 points.