How the Markets fared today
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The The Nifty closed near the day's high as the Advance-Decline Ratio for the 50-share index stood at 4:1. Axis Bank and ICICI Bank were the top traded counters by value with smart gains reflecting on CNG gas provider IGL, where the Supreme Court ruled in its favour saying the sector regulator had no power to set tariffs at the retail level. IGL surged 8.8% to end the day at 454.60 rupees. Among other indices CNX Midcap 50 Index and the Bank Nifty showed smart gains.
Among the stocks hitting new highs were Reliance Industries, Maruti, Kotak Bank, Yes Bank, L&T and BPCL. There were also those that shrank to fresh lows, among them Hindalco and Vedanta.
(Image credit: Indiatimes)
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