The BSE and the National Stock Exchange (NSE) are closed for trade on November 8, 2018 on account of Diwali Balipratipada.
All wholesale commodity markets, including metal and bullion, are also closed.
The forex and commodity futures markets, too, will not conduct any kind of trading.
Equity benchmarks began the Samvat 2075 on a strong note, with the Nifty ending just below 10,600, while the Sensex closed 245 points higher.
Strong buying was visible among midcaps space as well as the Nifty Midcap index ended the session around a percent higher.
Traders looked to bet across the sectors as all the sectors on Sensex and the Nifty ended in the green.
Automobile, banks, consumption, IT and metals were the top gainers.
It was just short of a photo finish on the Nifty as just two stocks on the Nifty ended in the red — Axis Bank and Zee Entertainment.
The selling in these two names also happened in the last few minutes of trade, in an otherwise positive session.
At the close of market hours, the Sensex ended up 245.77 points or 0.70% at 35237.68, while the Nifty closed higher by 68.40 points or 0.65% at 10598.40.
Shares of M&M, Infosys, and HPCL were the top gainers, while Axis Bank, Bharti Airtel, and Zee Entertainment lost the most.>