Rising for the fourth consecutive session, BSE benchmark Sensex surged 230 points on Wednesday following gains in Reliance Industries, Infosys and Kotak Bank amid persistent foreign fund inflows. After touching a high of 39,111.55 during the day, the BSE Sensex ended 230.04 points or 0.59% higher at 39,073.92. The NSE Nifty advanced 77.35 points or 0.67% to finish at 11,549.60. IndusInd Bank was the top gainer in the Sensex pack, rallying around 6%, followed by Reliance Industries, Axis Bank, Kotak Bank, Bajaj Auto and HCL Tech. On the other hand, Bharti Airtel, UltraTech Cement, Maruti and Asian Paints were among the laggards. Traders said a rally in index majors Reliance Industries and Infosys lifted benchmarks at the fag-end of the session. Largely positive cues from the global markets and persistent foreign fund inflows too buoyed market sentiment, they added. Foreign institutional investors bought equities worth a net ₹1,481.20 crore on Tuesday, exchange data showed. Bourses in Hong Kong and Seoul ended with gains, while Shanghai and Tokyo closed lower. In Europe, stock exchanges in Paris and Frankfurt were trading on a positive note in early deals, while London witnessed losses. Global oil benchmark Brent crude was trading 0.13% higher at $46.23 per barrel.
You have reached your limit for free articles this month.
To get full access, please subscribe.
Already have an account ? Sign in
Show Less Plan
Subscription Benefits Include
Today’s Paper
Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.
Faster pages
Move smoothly between articles as our pages load instantly.
Unlimited Access
Enjoy reading as many articles as you wish without any limitations.
Dashboard
A one-stop-shop for seeing the latest updates, and managing your preferences.
Personalised recommendations
A select list of articles that match your interests and tastes.
Briefing
We brief you on the latest and most important developments, three times a day.
*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.