Nifty at seven week high, just 172 points from life highs ...Middle East

New Delhi: Nifty closed higher for the sixth straight day with gains of 93 points (+0.5 per cent) at 19820 levels. Despite mixed global cues, index bounced back to seven week high and is just 172 points away from its life highs, says Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services. He said that the broader market too ended in green with Midcap100/Smallcap100 up 1 per cent/0.6 per cent. Financials, Realty and energy stocks led the gains in the market. He said that the banking stocks saw renewed interest after RBI announced removal of incremental CRR in phased manner by October 7. Vaibhav Vidwani, Research Analyst, Bonanza Portfolio said that the Nifty closed highe

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