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Financials was the top sectoral gainer as investors chased large lenders HDFC Bank and Bajaj Finance, which stayed insulated from the crisis that engulfed the sector. Five of the top 10 gainers in the Sensex pack were financial companies, with Bajaj Finance, ICICI Bank, Kotak Mahindra Bank and the HDFC twins gaining 21-57%. Financial companies were also among the biggest gainers in the mid- and smallcap space. For example, Reliance Nippon gained 115% & ICICI Securities rose 46%.
Bharti Airtel emerged the top gainer on the Sensex, surging 59% on indications the brutal pricing war in telecom is about to end. The market breadth was narrow in 2019, with 55 of the 100 BSE MidCap constituents ending lower. Of the 693 stocks in the BSE SmallCap index, 166 ended firm.
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Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price