Closing bell: Sensex jumps 466 points on global cues, auto and metal stocks gain

Closing bell: Sensex jumps 466 points on global cues, auto and metal stocks gain

Equity indices traded with a positive bias throughout on July 06 session amid a strong rally in all major sectors.

At the closing bell, the BSE SandP Sensex was up by 466 points or 1.29 per cent at 36,487 while the Nifty 50 edged higher by 156 points or 1.47 per cent at 10,764.Nifty pharma slipped by 0.6 per cent but all other sectoral indices at the National Stock Exchange were in the green with Nifty auto gaining by 2.8 per cent, metal by 2.4 per cent, realty by 3 per cent, private bank by 1.5 per cent and finance service by 1.4 per cent.

Among stocks, Mahindra and Mahindra witnessed a handsome gain of 7.4 per cent to Rs 569.70 per share.

Tata Motors was up by 5.3 per cent and Maruti Suzuki by 3.4 per cent.

Metal majors Hindalco and Tata Steel gained by 5.6 per cent and 2.7 per cent while index heavyweight Reliance Industries edged higher by 3.7 per cent to Rs 1,855 per share.