Mumbai Stock Exchange: Continued inflows of foreign funds and buying of Reliance Industries saw major stock indices – Sensex and Nifty – gain momentum in early trading on Wednesday. During this period, the 30-stock BSE Sensex rose 193.8 points to 65,811.64, on the other hand, the NSE Nifty rose 68.3 points to 19,507.70.
Reliance Industries, Titan, Bajaj Finance, Kotak Mahindra Bank, NTPC, ITC and SBI were among the biggest winners in the Sensex package. On the other hand, IndusInd Bank, Mahindra & Mahindra, UltraTech Cement, HCL Technologies, Infosys and Asian Paints traded in the red.
Foreign institutional investors (FIIs) bought shares worth net Rs 1,197.38 crore on Tuesday, according to stock market data. The global oil benchmark Brent crude rose 0.18 percent to USD 79.54 a barrel. Earlier on Tuesday, the Sensex closed at 65,617.84, up 273.67 points or 0.42 percent, while the Nifty climbed 83.50 points, or 0.43 percent, to close at 19,439.40.
Edited by: Ravindra Gupta