Benchmark equity indices Sensex and Nifty extended their winning streak for a fourth consecutive session on Wednesday, propelled by softer crude oil prices following the US-Iran peace deal that boosted investor sentiment, even as foreign fund outflows persisted.
The BSE Sensex rose 347.14 points, or 0.45%, to close at 77,155.62. During the session, it climbed as much as 410.51 points, or 0.53%, to touch an intraday high of 77,218.99. The NSE Nifty gained 96.55 points, or 0.40%, to settle at 24,085.70, with an intraday high of 24,108.20, up 119.05 points, or 0.49%.
Top Gainers and Losers
Nifty 50 Top Gainers
- Trent: +7.08%
- BEL: +3.02%
- Hindalco: +2.60%
- Eternal: +1.90%
- Tata Steel: +1.54%
- SBI Life: +1.48%
- HDFC Life: +1.29%
- Infosys: +1.24%
- Bharti Airtel: +1.23%
Nifty 50 Top Losers
- Tata Motors PV: -8.30%
- Cipla: -1.64%
- ONGC: -1.29%
- Bajaj Finserv: -1.28%
- Axis Bank: -1.09%
- Kotak Bank: -0.83%
- Eicher Motors: -0.69%
- Dr. Reddy's: -0.62%
- Tata Consumer: -0.57%
- Maruti Suzuki: -0.45%
BSE Sensex Top Gainers
- Trent: +7.08%
- BEL: +3.02%
- Eternal: +1.90%
- Tata Steel: +1.54%
- Infosys: +1.24%
- Bharti Airtel: +1.23%
- SBI: +1.11%
- TCS: +1.10%
- Sun Pharma: +1.10%
- Tech Mahindra: +1.08%
- InterGlobe: +0.80%
BSE Sensex Top Losers
- Bajaj Finserv: -1.28%
- Axis Bank: -1.09%
- Kotak Bank: -0.83%
- Maruti Suzuki: -0.45%
- Asian Paints: -0.37%
- ITC: -0.31%
- Mahindra & Mahindra: -0.16%
- UltraTech Cement: -0.16%
- Bajaj Finance: -0.14%
- Hindustan Unilever: -0.11%
Brent crude, the global oil benchmark, traded at around USD 79.10 a barrel. Continued weakness in crude oil prices, driven by easing geopolitical tensions around the Strait of Hormuz, has kept investor sentiment buoyant, said Vinod Nair, Head of Research at Geojit Investments Limited.
Among Asian markets, South Korea's Kospi, Japan's Nikkei 225, and China's Shanghai Composite ended higher, while Hong Kong's Hang Seng settled in the red. European markets were trading mixed, and US markets ended mostly lower on Tuesday.
Foreign institutional investors (FIIs) sold equities worth Rs 749.18 crore on Tuesday, according to exchange data. On Tuesday, the Sensex had rallied 544.15 points, or 0.71%, to close at 76,808.48, while the Nifty advanced 135.25 points, or 0.57%, to settle at 23,989.15, extending the market's recent upward momentum.
This article was sourced from PTI and adapted by the TOI Business Desk, which delivers the latest business news and top stories globally.
