New Delhi: Market rallied near closing and ended in the positive on Wednesday led by good buying and tracking higher European markets.
However, the Bombay Stock Exchange benchmark Sensex was volatile during most of the trading and constant buying and selling contributed to the see-saw movement.
Markets opened on pleasant following gains in Wall Street led by economic data. But shares turned weak soon as Asian markets fell flat on Toyota’s big loss.
Leading gains among sectors were consumer durables, along with oil & gas, IT, Tech and PSU stocks. However, realty, auto and FMCG segments suffered most of the selling.
The 30-share BSE closed higher by 72.85 points at 15,903.83 and the 50-share NSE Nifty ended up by 13.65 points at 4,694.15.
On top among gainers in the BSE pack was ONGC Ltd up by 4.50% to Rs1,192.40, also Wipro Ltd by 3.25% to Rs498.05, ACC Ltd by 2.74% to Rs924.90, Infosys Tech by 2.49% to Rs2,094.55, Sun Pharma by 2.01% to Rs1,182.30, Reliance Infra by 1.98% to Rs1,212.30 and Reliance by 1.67% to Rs2,075.25.
Despite promising July sales figures, auto stocks received set back, Maruti Suzuki was top loser down by 3.10% to Rs1,440.95, followed by Hindalco by 1.86% to Rs110.85, DLF Ltd by 1.74% to Rs391.40, HDFC Bank 1.54% to Rs1,447.55 and Hindustan Unilever Ltd by 1.29% to Rs290.25.
Asian markets ended in red as Japanese automakers fell on Toyota’s big loss.
Japan’s Nikkei ended 1.18% down and Hong Kong’s Hang Seng dropped 1.45%.