Nifty reclaims 10,000-mark, a first in 3 months as indices gain for 6th day

The Nifty ended the session at 10,062, gaining 0.83 per cent, or 83 points. The Sensex, on the other hand, rose 284 points, or 0.84 per cent, to end the session at 34,110

The benchmark indices gained for a sixth consecutive session, with the Nifty ending above the 10,000-mark for the first time in nearly three months. Strong risk-on sentiment globally helped markets overlook concerns such as the US civil unrest, an imminent cyclone threat in western India, and worsening relations between Washington DC and Beijing. Brent crude prices also moved past the $40/barrel-mark for the first time in three months, underscoring investors’ appetite for risk.

The Nifty ended the session at 10,062, gaining 0.83 per cent, or 83 points. The Sensex, on the other hand, rose 284 points, or 0.84 per cent,