Mumbai: Both the Sensex and the Nifty end at highest closing level in 2013. Bank Nifty closes at highest closing level since July 15. The market records seventh highest turnover. All Bank Nifty stocks close in the green with gain of 4-7 per cent.
It was a spectacular rally as the Nifty ended at 6220.90, up 120 points or 2 per cent. The Sensex was up 358.73 points or 1.74 per cent to close at 20929.01 Maruti was the highest gainer, while BHEL remained major loser in the Sensex. 3:50 pm Earnings: JSW Steel posted a consolidated net loss of Rs 115.5 crore in three-month period ended September 2013 as against profit of Rs 691.2 crore in a year ago period, dented by foreign exchange loss on weak rupee.
"Due to 5.16 per cent depreciation in the value of Indian rupee against US dollar during the quarter, there was a net loss of Rs 839 crore on foreign currency monetary items," the company said in its release.
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