At close, the Sensex was up 415.86 points or 1.33% at 31743.08, and the Nifty was up 127.90 points or 1.40% at 9282.30 as financials gain on Rs 50k cr lifeline for MFs. IndusInd Bank, Axis Bank, Britannia Industries, Bajaj Finserv, and ICICI Bank were among major gainers on the Nifty, while losers were NTPC, HDFC Bank, M&M, Dr Reddy’s Labs and Grasim. About 1286 shares have advanced, 1076 shares declined, and 180 shares are unchanged. The S&P BSE MidCap index settled at 11,630, up 1.44 per cent and the S&P BSE SmallCap index climbed 1.37 per cent to 10,780 levels. All the sectoral indices ended higher led by the bank, IT, auto and FMCG.