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The Nifty ended at a 20 month high on Thursday on expectations that the FDI in mutli brand retail will be approved by the Rajya Sabha tomorrow after the Bahujan Samaj Party decided to vote in favour of the government.
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Building on improvement in October, the consumer sentiment moved up in November due to spurt in purchases during the festival period, according to BulFin Consumer Confidence Index (CCI).
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The overall market breadth in BSE ended positive with 1,601 shares advancing and 1,297 shares declining.
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Among the individual stocks, Rashtriya Chemicals and Fertilisers and National Fertilsers gained nearly 3% each, while Deepak Fertilisers, Chambal Fertiliers and GSFC were up 1 2% on the BSE.
MphasiS ended higher by 2% at Rs 397 after the IT consulting and software firm reported 14% year on year growth in its consolidated net profit at Rs 209 crore for the fourth quarter ended October 2012.
