As 2017 draws to a close, the S&P BSE Sensex looks set to log best yearly gain in the last three years. Thus far in CY17, the index has gained 28%, while the S&P BSE Midcap and the S&P BSE Smallcap indices have surged 48% and 60%, respectively, on the back of a strong rally in metal, automobiles, telecom, banking, capital goods, consumer durables and realty shares.
The Sensex ended 208 points higher at 34,056, while the broader Nifty50 was up 52 points to 10,530. The Nifty has rallied 29% so far in CY17.
The strong net inflows of over