As the bulls took over the grip, headline indices posted nearly 2 per cent gains on Wednesday led by rally in index heavyweights HDFC twins, ICICI Bank, Infosys and TCS. BSE Sensex ended at 32,720.16, up 605.64 points or 1.89 per cent. While the broader Nifty 50 index settled above 9,550-mark, gaining 173 points or 1.84 per cent. During the day, Sensex hit the day’s high of 32,897 and Nifty 9,599. The top gainers of BSE Sensex were HDFC, HDFC Bank, HCL Tech, M&M and Tata Steel.
On the flip side, Axis Bank was the top loser, followed by Asian Paint, HUL, Titan, RIL and Nestle India. The Nifty Metal index was top sectoral gainer with a growth of 3.74 per cent, led by SAIL, Hindalco Industries and Jindal Steel. With today’s rally Nifty has risen 27 per cent from its March low of 7,511, while Sensex gained 23 per cent from its 52-week low.
Nifty50 closed higher at 9553.35 level, +172.45 points, or +1.84 per cent. Nifty Support :9500 and 9450 Resistance : 9700 and 9850.
