Nifty up 41 points; ends below 10400

Liquidity Drives Sensex, Nifty Up; Reliance, Bajaj Auto, Infosys, Cipla, Top Gainers

Market advances for sixth day, IT the bright spot

The broader Nifty reclaimed the 10,400-mark to scale an intra-day high of 10,404.50 but profit-taking pulled it down to 10,389.70, still a gain of 40.95 points, or 0.40 per cent.

Moves in Asian share markets were minor with Japanese markets closed for a holiday and the United States off for Thanksgiving.

Extending its rally, the 30-share index advanced 101.78 points, or 0.30 per cent, to 33,689.86.

Ending in the positive territory for the seventh consecutive session, key Indian equity indices on Friday extended gains on the back of broadly positive global markets and value buying in consumer durables, oil and gas as well as IT stocks.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE closed at 33,679.24 points - up 91.16 points or 0.27 per cent - from its Thursday's close.

FMCG stock Hindustan Unilever will be in focus as the company is set to reduce prices by 7-10 percent on an average across products such as detergents, cosmetics, deodorants and packaged foods following the reduction in GST from 28 percent to 18 percent.

Major index gainers were Infosys, Reliance, Sun Pharma, Eicher Motors, Tech Mahindra, HCL Tech and Hind Petro.

U.S. stock markets remained closed yesterday on account of Thanksgiving holiday.

Market breadth was positive with 1,055 advances against 564 declines.

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