BSE: Top Gainers and Losers
It was a great trading day for those invested in banking stocks which helped key indices close above their highest levels since November 2010, along with heavy buying in index heavyweights. Market sentiment was boosted by upbeat China GDP numbers.
China's economy grew 7.8% in July-September, its fastest pace this year, as firmer foreign and domestic demand lifted factory production and retail sales, the Reuters report suggests. Metal stocks hailed China data with Tata Steel, Sesa Sterlite, Jindal Steel and Power, JSW Steel and Hindalco adding between 1-5% on the Bombay Stock Exchange.