MUMBAI: Investor sentiment remained buoyant as equities closed higher on Wednesday led by oil & gas stocks.
Bombay Stock Exchange’s Sensex closed above 20,000 after five trading sessions. The index ended at provisional 20,199.52, up 1.74 per cent or 345.40 points. It touched a high of 20,211.47 and low of 19,896.61.
National Stock Exchange’s Nifty ended at provisional 6070.50, up 85.4 points or 1.43 per cent. It scaled high of 6085.25 and low of 5988.45.
Tier II and III category stocks outperformed the benchmarks. BSE Midcap Index closed 2 per cent up while BSE Smallcap Index closed 3.02 per cent higher.
DLF (up 5.18%), Hindalco Industries (4.48%), Reliance Industries (3.67%), Tata Steel (3.54%), Tata Motors (3.28%), Grasim Industries (2.97%) and State Bank of India (2.94%) were the biggest Sensex gainers.
Bajaj Auto (down 1.84%), ONGC (0.83%), Hindustan Unilever (0.6%), Wipro (0.34%) were the laggards. HDFC (down 0.08%) and Tata Consultancy Services (0.05%) ended flat.
Surge in share prices of state-owned oil marketing companies pulled the BSE Oil&Gas Index 3.45 per cent up. Index heavyweight Reliance Industries closed 4 per cent higher. BSE Metal Index ended 2.5 per cent higher.
Across BSE, 2,255 shares advanced, 663 declined and 27 remained unchanged.
Courtesy: www.economictimes.com
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