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Closing Bell: Sensex closes 373 points higher, Nifty above 10,600; FMCG leads rally

Market at Close Shares were off to a flying start on Monday, thanks to a sharp rally among consumption names in the last couple of hours Among sectors, financials, automobiles, consumption, and IT names were in the green, while investors sold metals and pharmaceuticals segments. In the broader markets, Nifty Midcap index underperformed benchmarks, but closed with gains of around 0.2 percent. At the close of market hours, the Sensex was up 373.06 points or 1.07% at 35354.08, while the Nifty ended higher by 101.80 points or 0.97% at 10628.60….

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China’s Smoggiest City Closes Schools Amid Public Anger

China’s smoggiest city closed schools on Wednesday, as much of the country suffered its sixth day under an oppressive haze, sparking public anger about the slow response to the threat to children’s health. Since Friday a choking miasma has covered a large swathe of northeastern China, leaving more than 460 million gasping for breath. Shijiazhuang, the capital of Hebei province, was one of more than 20 cities which went on red alert Friday evening, triggering an emergency plan to reduce pollution by shutting polluting factories and taking cars off the…

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