Sensex ends 548 points higher after heavy buying in energy, financial stocks

Equity benchmark indices advanced by 1.5 per cent on July 17 following heavy buying in energy and financial stocks.

At the closing bell, the BSE SandP Sensex was up by 548 points or 1.5 per cent at 37,020 while the Nifty 50 edged higher by 162 points or 1.51 per cent at 10,902.

Except for Nifty IT which dipped by 0.6 per cent, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty financial service up by 1.9 per cent, PSU bank by 1.8 per cent and private bank by 1.7 per cent.

Among stocks, Bharat Petroleum Corporation was the top gainer after moving up by 12.4 per cent to Rs 442.85 per share.

While JSW Steel gained by 3.9 per cent to Rs 209.05.