Sensex closes 611 points up, Nifty above 25000

Mumbai, Aug 26: Indian equity indices closed in the green on Monday following positive sentiment in the market due to rate cut expectations arising after the US Fed chair’s comments at Jackson Hole.

At closing, Sensex was at 81,698 with a gain of 611 points or 0.75 per cent and Nifty was at 25,010 with a gain of 187 points or 0.76 per cent.

During the day, Sensex traded in the range of 81,278 to 81,824 and Nifty in the range of 24,874 and 25,043.

Buying was also seen in Midcap and Smallcap stocks. The Nifty Midcap 100 index closed at 58,931, up 375 points or 0.64 per cent, and the Nifty Smallcap 100 index closed at 19,132, up 53 points or 0.28 per cent.