Sensex Today: Equity benchmark indices ended with strong gains for a second session on Wednesday as traders continued to set aside fears related to the Israel-Palestine conflict. The BSE Sensex closed 394 points higher at 66,473 after easing from the day’s high of 66,592. The NSE Nifty ended at 19,811, up 120 points. It’s day’s high was 19,839.
Frontline heavyweights HDFC Bank, Reliance Industries, ITC and HUL lent most gains to the Sensex index. Wipro, Hero Moto, Grasim and Ultratech Cement led the gains across the Nifty50 index, ending 2-3 per cent higher.
Losers included HCL Tech, TCS, SBI, Infosys and Coal India, which lost 0.4-1.7 per cent.
Barring the Nifty PSB and IT indices, all sectoral pockets ended in green with gains led by Nifty Auto and FMCG, which rose 1 per cent each.
The broader markets also closed firmly higher with the BSE MidCap and SmallCap indices advancing up to 0.78 per cent.
Global Cues
Nearer home tracking gains on the Wall Street, Hang Seng rallied 1.5 per cent, Kospi zoomed over 2 per cent, and Taiwan jumped 0.8 per cent. Nikkei was up 0.5 per cent today.
Overnight, the US stocks ended higher for the third straight day Tuesday folllowing the favorable commentary from Federal Reserve officials, and a dip in bond yields. The 10-year Treasury yields declined to 4.64 per cent. Earlier in the day, European markets too ended with strong gains. The FTSE 100, CAC and DAX were up around 2 per cent each.
Brent Crude Oil remained steady around $88 level.
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