After touching a high of 39,579.58, the BSE Sensex ended 353.84 points or 0.90 per cent higher at 39,467.31. IndusInd Bank was the top gainer in the Sensex pack, spurting over 8 per cent, followed by Axis Bank, ICIC Bank, Sun Pharma, SBI and Kotak Bank. Strong foreign fund inflows, led by high global liquidity and decline in US dollar, also fuelled the markets, he added. Sustained foreign fund inflows, positive domestic equities and a weak US dollar further boosted the local unit, forex traders said. The partially convertible rupee rose to a high of 73.5150 per dollar, its strongest since March 5.

Source: The Hindu August 28, 2020 03:22 UTC