The Indian equity market ended on a higher note in Wednesday’s trading session. At close, the Sensex was up 351.49 points or 0.53% at 66,707.20, and the Nifty was up 97.70 points or 0.50% at 19,778.30.
About 1854 shares advanced, 1591 shares declined, and 155 shares unchanged. The biggest gainers for the day on the Nifty were L&T, ITC, Britannia Industries, Reliance Industries and Sun Pharma, while losers were Bajaj Finance, M&M, Bajaj Finserv, Tech Mahindra and Apollo Hospitals.
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Among sectors, Capital Goods, FMCG and realty were up 1% each. BSE Midcap and Smallcap indices ended in the green.
“This bounce shows that bulls are not in mood to loosen their grip citing major support around the 19300-19500 zone. However, any negative surprise from the global front might result in extended consolidation. Meanwhile, traders maintain their focus on sectors showing higher relative strength and pre plan their exits as well,” Ajit Mishra, SVP - Technical Research, Religare Broking, was quoted as saying by Moneycontrol.
The market opened in green on July 26. Sensex was up 183.59 points or 0.28% at 66,539.30, and the Nifty was up 38.70 points or 0.20% at 19,719.30.
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L&T, Tata Motors. Power Grid Corporation, Infosys and UPL were among major gainers on the Nifty, while losers were SBI Life Insurance, Adani Enterprises, Apollo Hospitals, Asian Paints and Adani Ports.
On the other hand, Indian Rupee closed 13 paise lower at 82 per dollar. The domestic currency had opened flat at 81.89 per dollar against the previous close of 81.87.
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