Indian share market opened higher and remained in a positive territory throughout the session on Wednesday. During the last hour of the session, BSE Sensex hit the day’s high of 30,878.31 and ended at 30,818. While the broader Nifty 50 index inched almost closer to the 9,100 level at 9,093 but closed 9,066. In the first half banking and NBFC stocks remained under pressure but after the Cabinet approved a special liquidity scheme for NBFCS/HFCS all the financial stocks rallied.. Dr Reddy’s Laboratories share price rallied over 6 per cent on the back of better than expected numbers. It ended the session 5.71 per cent up at Rs 3,910.75 per equity share on BSE.
Nifty50 closed higher at 9066.55 level, +187.45 points, or +2.11 per cent. Nifty Support : 9000 and 8900 Resistance : 9150 and 9250.
