Mumbai: Extending its gains for the third straight session, fairness benchmark Sensex jumped over 254 factors on Wednesday monitoring gains in pharma, IT and auto shares amid largely constructive cues.
The 30-share BSE index ended 254.03 factors or 0.50 per cent increased at 51,279.51, and the broader NSE Nifty rose 76.40 factors or 0.51 per cent to fifteen,174.80.
Bajaj Finance was the highest gainer within the Sensex pack, rising round 2 per cent, adopted by Sun Pharma, Tech Mahindra, Axis Bank, Bajaj Auto and Infosys.
On the opposite hand, ONGC, Kotak Bank, ITC, HDFC Bank and PowerGrid had been among the many laggards.
According to Binod Modi, Head – Strategy at Reliance Securities, home equities prolonged gains for the third consecutive day primarily aided by beneficial international cues.
IT, metals and pharma recorded sharp rebound over 1 per cent, whereas a powerful shopping for was seen in vehicle stocks additionally.
Barring, PSU banks, a lot of the key sectoral indices led to inexperienced. Unlike Tuesday, midcap and small cap stocks attracted investor curiosity on Wednesday once more.
Elsewhere in Asia, bourses in Shanghai and Seoul ended with losses, whereas Hong Kong and Tokyo settled on a constructive notice.
Stock exchanges in Europe had been largely buying and selling with gains in mid-session offers.
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Meanwhile, the worldwide oil benchmark Brent crude was buying and selling 0.59 per cent decrease at USD 67.12 per barrel.Â
