Sensex was up 995.92 points

Sensex was up 995.92 points

Indian indices ended strong on May 27 with Nifty above 9300 level and Sensex also reclaimed 31,000 mark supported by banking names.

At close, the Sensex was up 995.92 points or 3.25% at 31605.22, and the Nifty was up 285.90 points or 3.17% at 9314.95. About 1363 shares have advanced, 939 shares declined, and 163 shares are unchanged.

Axis Bank, ICICI Bank, Wipro, Grasim Industries and HDFC Bank were among major gainers on the Nifty, while losers were Sun Pharma, UltraTech Cement, Titan, Shree Cements and Asian Paints.

Among Sectors, Nifty Bank rose 7 percent followed by IT, metal and energy space, while pharma index ended marginally lower.