Markets close up 1.6% led by financials

Markets close up 1.6% led by financials

Mumbai: Markets provisionally closed 1.6% higher on Monday, led by gains in financials, as investors were upbeat after a survey that showed India’s manufacturing expanded in October at a much faster pace than in September.

The 30-share BSE index ended up 1.6% or 323.29 points at 20,355.63, with 25 components gaining.

The 50-share NSE indexclosed up 1.6% at 6,117.55 points.

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