Business

Markets End Higher, Sensex Gains 267 Points

Equity benchmark indices closed higher on Wednesday, boosted by buying in blue-chips Reliance Industries and Infosys amid mixed global market indications.

The 30-share BSE Sensex climbed 267.75 points, or 0.36 percent to 74,086.15. During the day, it rose 354.48 points, or 0.47 percent, to 74,307.79.

The NSE Nifty advanced 68.75 points, or 0.31 percent to 22,562.05.

Bharat Electronics, LIC, HAL, Cipla, Dabur India, Hindustan Unilever, Tata Consumer, Adani Energy Solut., Coal India, Marico, Avenue Supermarts, and Godrej Consumer were the top gainers.

Among the laggards were IRFC, RECL, Zomato, Cholamandalam Invest, Siemens, GAIL (India), ABB India, Shriram Finance, Apollo Hospitals, and Hindalco.

In Asian markets, Singapore, Shanghai, Indonesia, and Taiwan concluded higher, while South Korea, Hong Kong, Thailand, Malaysia, and Tokyo ended lower.

US markets closed in the green on Tuesday.

European stocks were trading lower.

Brent crude lost 0.84 percent to USD 82.18 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 1,874.54 crore on Tuesday.

On Tuesday, the Sensex sank 52.63 points or 0.07 percent to 73,953.31, while Nifty the Nifty inched up 27.05 points or 0.12 percent to 22,529.05.

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Spriha Rai

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