Market Close: Sensex was up 276.65 points or 0.71% at 38973.70

Market Close:  Sensex was up 276.65 points or 0.71% at 38973.70

 Indices erased some of the intraday gains but ended higher for the third consecutive session on October 5 with Nifty above 11,500.

At close, the Sensex was up 276.65 points or 0.71% at 38973.70, and the Nifty was up 86.40 points or 0.76% at 11503.40. About 1461 shares have advanced, 1213 shares declined, and 173 shares are unchanged.

TCS, Wipro, Tata Steel, Sun Pharma, and Infosys were among major gainers on the Nifty, while losers were Bajaj Finserv, Shree Cements, GAIL, Bharti Airtel, and Bajaj Finance.

Buying witnessed in the IT, metal, pharma, FMCG, and banking stocks, while infra and energy indices ended in the red.