Indian Market: Sensex ends up by 94.99 pts
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Wednesday moved up by 94.99 points to 39,058.83 on fresh buying in scrips include HCL Tech, Maruti Suzuki, SBI and HDFC.
The National Stock Exchange (NSE) too improved by 15.75 points to 11,604.10.
In the broader market, the S&P BSE Mid-Cap index fell 0.08 pc while the S&P BSE Small-Cap index rose 0.25 pc.
Lackluster trading was seen during the day.
Sliding by 334 points on Tuesday, the Sensex opened higher by 100 points to 39,063.84. It advanced by 233 points to 39,196 day high before closing at 39,058.83, up by 94.99 points from its last close.
Meanwhile, it dropped nearly 97 points to 38,866.08, day low.
The sectoral indices like FMCG, Finance, Health Care, IT, Auto and Power pushed the market up today. In scrips, HCL Tech, Maruti Suzuki, SBI and Hero MotoCorp increased while selling in Bharti Airtel, VEDL, ONGC and Reliance Industries capped from further rise, broker informed.
The market breadth, indicating the overall health of the market, was almost even.
On the BSE, 1229 shares rose and 1257 shares fell. A total of 201 shares were unchanged.
Overseas, European shares were mixed while most Asian shares declined on Wednesday as investors continued to monitor geopolitical developments and watch earnings reports for signs of health in the global economy. The Asian indices reacted very little to a report that the Chinese government is drafting a plan to replace Carrie Lam, the current Chief Executive of Hong Kong since 2017.
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