Nifty ends at 8910, Sensex up 292 points; banks soar

Mumbai: The market ended at record highs as banks boosted trade. The Nifty ended above 8900-level for first time. The 50-share index was up 74.90 points or 0.8 per cent at 8910.50.

The Sensex closed up 292.20 points or 1 per cent at 29571.04. About 1406 shares have advanced, 1523 shares declined, and 260 shares were unchanged.

Bank Nifty ended with a gain of over 2 per cent led by Axis Bank and ICICI Bank (up 4-5 per cent each). Other gainers in the Sensex were Cipla, Tata Motors and ITC. Among the losers were Dr Reddy's Lab, Infosys, M&M, Coal India and HUL.