Nifty settles above 8,000 mark ahead of F&O expiry


Extending gains for the second straight session, the benchmark equity indices settled the day higher ahead of the F&O expiry of November series due tomorrow. 

Positive cues from the Asian markets which surged to one-week highs after the Wall Street saw a second consecutive record-breaking session overnight, contributed to gains. 

The S&P BSE Sensex ended the day at 26,051, up 91 points, while the broader Nifty50 closed at 8,033, up 31 points. 

Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively.

Realty index, the largest gainer among sectoral indices, rose for the second straight day to add over 3%, led by gains in Indiabulls Real Estate, NBCC and Unitech.
 

Metal index gained 2.32% to 10243.72 points, extending its previous day's 2.7% surge on BSE.

The gains came after LMEX, a gauge of six metals traded on the London Metal Exchange (LME), on Tuesday closed 1% higher at 2,738, its highest level since June 2015. It gained 2.3% on Monday.


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