Equity benchmark indices Sensex and Nifty50 ended on the green side of the market on Wednesday. Buying interest was seen in PSU Bank and IT stocks. Selling pressure was witnessed in Media shares. NTPC was the top gainer among blue-chip stocks, surged 7.16 per cent. Bharti Airtel Bajaj Auto, Titan Company, and SBI were among the other top Sensex gainers. While Axis Bank, Asian Paints, Ultra Tech Cement and Nestle were laggards.
Earlier in Asian Indices, Singapore’s Straits Times fell by 0.71 per cent, Japan’s Nikkei 225 index declined by 0.52 per cent and China’s Shanghai Composite fell by 0.17 per cent.
The BSE Sensex and Nifty50 increased by 0.82 and 0.80 per cent, respectively. The Sensex of the Bombay Stock Exchange closed at 58,700 level while Nifty50 of the National Stock Exchange settled at the 17,519 mark. The Sensex gained 476 points to trade at 58,723 and the Nifty50 rose by 139 points to trade at 17,519.
In Nifty50 index shares, NTPC was the biggest gainer, increased by 7.16 per cent. Bharti Airtel, Coal India, ONGC, Titan Company and HCL Tech were among the other gainers.
On the other hand, Tata Consumer Products was the worst performer in the pack, down by 1.11 per cent. BPCL, Nestle, Ultra Tech Cement, Axis Bank, Britannia and Grasim were the other worst performers in the pack.
Small-cap and Mid-cap Indices
The Nifty Midcap-100 index rose 1.02 per cent and the Nifty Smallcap-100 index surged 0.65 per cent. In Nifty Midcap 100, GMR Infra gained 7.67 per cent, Tata Power rose 5.22 per cent, SRF, Mindtree and Mphasis also surged, while V-Guard Industries, Zee Entertainment and IRCTC declined. In Nifty Smallcap-100, Rossari gained 13.82 per cent. On the other hand, TV18 Broadcast fell 2.76 per cent, Tanla Platform, Nalco and Vakrangee declined.
In NSE sectoral indices, 19 out of 20 sectors surged. Nifty PSU Bank was the top performer as it gained 2.83 per cent, Nifty PSE rose 1.91 per cent, followed by Nifty IT increased by 1.82 per cent. On the other hand, Nifty Media was the worst performer, down by 1.55 per cent.