The market rebounded after a fall in previous two consecutive sessions,
closing the November F&O expiry above 7850 level on hopes of passage of
Goods & Services Tax (GST) Bill in Winter Session of Parliament. The
domestic equity market traded with smart gains on Thursday bucking the muted
trend seen in other Asian and European markets. Ahead of the expiry of November
F&O series, which expired at the end of the trading session, investors
initiated fresh positions on the benchmark indices. Equity benchmarks closed
near to their psychological levels (7900 on the Nifty and 26000 on the Sensex).
The Sensex was up 182 points or 0.71 percent at 25958 and the Nifty rose 52 points
or 0.67 percent to 7883.