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"With the closure of Grand Anicut Fund 4 we are delighted to further strengthen our support to empower the Indian startup ecosystem. The past years have been highly encouraging with the closure of five funds over all and we are confident that our investment portfolio companies will be the leaders of tomorrow," Anicut Capital, Founding partner Ashvin Chadha said in a statement.

The hourly and daily upper Bollinger Bands expanded along with price action, which assisted the bulls today. Momentum oscillator RSI gave a falling trend line breakout.

The Nifty Realty index closed 1.45 per cent up at 450.15.

"Spot gold prices in the Delhi markets were down amid stronger rupee and risk-on sentiments," Dilip Parmar, Research Analyst at HDFC Securities, said.

Glenmark Pharmaceuticals, incorporated in the year 1977, is a Mid Cap company (having a market cap of Rs 12152.98 Crore) operating in Pharmaceuticals sector.

The rupee finished the session at 81.4225 per U.S. dollar, against its previous close of 81.72. The currency has faced stiff resistance at the 81.50 mark due to strong dollar demand recently, traders have said.

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The likely fall in November figures compared with the October data can be attributed to the end of festive season and buyers’ tendency to skip purchases in the month to grab the best of deals in December, when most auto companies offer major discounts.

Inflation for core goods may reach its apex in the coming quarters, but services inflation could stay sticky for longer, Sengupta said. The current account deficit will likely remain elevated at 3%-3.5% of gross domestic product, even as a peaking dollar gives the central bank “some freedom to play with a lower level of reserves as external balances pressure will be more manageable.”