Sensex ends 150 points higher; Nifty above 10,500 levels


Indian equity indices ended on a positive note crossing 33, mark, while Nifty was above 10,500 levels.

The Government is seeking parliament approval for INR 800 bn to recapitalise state banks.

Sensex ended higher by 176 points at 33,969 , While Nifty was up by 61 points at 10,504.

The S&P BSE Mid-cap and small cap index closed up by 1%.

Tata Steel,DRREDDY, L&T, ONGC were the major gainers, while Tata Motors, Power Grid, Axis Bank were the major losers