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Benchmarks indices ended with an optimistic note where the banking stocks gained after the government announced lower-than-expected borrowing programme for the first half of the fiscal year 2019.
Indian government bonds also rose, posting their sharpest intraday gain, with the 10-year bond yield dropping to as much as 7.3565 per cent from 7.62 percent. Moreover, global equities also gained as trade war fears eased after reports possible trade negotiations between the US and China.
Overall, SBI, Indusind Bank, Asian Paints, Kotak Mahindra Bank and Larsen & Toubro were the top gainers whereas Bharti Airtel, Bajaj Auto, Hero MotoCorp, HDFC and Tata Motors were the top losers.
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