The Nifty ended the July series on a strong note and closed above the 4550 level. Today's rally was led by shares of financial, technology, FMCG, cement, power, metal and oil marketing companies.

However, continuous selling in heavyweights Reliance Industries and BHEL as well as in PNB, Jindal Steel, Sun Pharma, Tata Power, ABB, Nalco and Suzlon Energy capped the gains to some extent.