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Nifty ends at 11,655, Sensex up 353 points; banks lift markets higher

Aug 28, 2020 16:44 IST

Equity markets rallied to end with strong gains on Friday led by a sharp surge in banking and financial stocks. The Sensex jumped 353 points and the Nifty closed the session 0.83% higher at 11,655. Bank Nifty rose 4.19%, its biggest gain in almost three months. IndusInd Bank was the top gainer in the Nifty 50 index, surging over 12%. Axis Bank, UPL, SBI and ICICI Bank were among the top five index movers.