An evening walk down Dalal Street on January 1, 2019

It’s a strong start to the New Year for equities as bulls took complete charge in the last hour of trade. The Nifty reclaimed 10,900-mark setting it on track to move towards 11,000 as well. Meanwhile, the Sensex ended above 36,000-mark.

Barring auto and consumption sectors, all other sectors ended in the green. HDFC Group twins and ICICI Bank supported the rally.

The session had a tepid start as indices opened around the flat terrain, but weakness soon gripped the market. The Sensex fell over 100 points, while the Nifty tested 10,800.

Lack of adequate global cues along with less volumes ensured that somber trade continued. However, there was a sharp recovery in the last hour, courtesy a sharp surge in financials.