Both the indices, Sensex and Nifty, recorded their biggest single-day gains in nearly two months. A three-and-a-half year high in domestic services sector growth, led by new business orders amid improved market conditions, also perked up market momentum. The Sensex resumed gap-up at 28,631.27 and shot-up to an high of 29,013.40 before closing at a nearly 17-month high of 28,631.27, showing a gain of 445.91 points or 1.56%. The 50-share NSE Nifty surged by 133.35 points or 1.51 per cent to an 18-month high of 8,943.00, after moving. The total turnover rose to Rs 3,804.43 crore from Rs 3,735.02 crore on Friday.

Source: dna September 06, 2016 12:56 UTC