Investors were looking forward to a better-than-expected quarterly result from Reliance for the three months ended September 30 on the back of last month's corporate tax cut. Reliance's shares ended 1.42% higher, after surging as much as 2.25%. The company became the country's first to reach a market cap of 9 trillion rupees ($126.51 billion) during the session.

Meanwhile, the NSE state-owned banks index closed up 1.43%, while the NSE metals index rose 1.87%. Yes Bank's shares jumped 8.44% and topped the gainers list on the Nifty. Zee Entertainment was the top loser of the day and fell 5.39%.

Copyright Reuters, 2019