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Sensex jumps 194 points to close at 36,636, Nifty also up by 66 points to 11,053

Indian Bourses Furthered Gains In Early Trade On Wednesday, With Benchmark Indices Sensex And Nifty Adding 194 Points And 66 Points Respectively On Sustained Buying Mainly In Stocks Of Finance, Metal And Capital Goods Sectors.

News Nation Bureau | Edited By : Assem Sharma | Updated on: 06 Mar 2019, 05:24:05 PM
Sensex jumps 194 points to close at 36,636 (file photo)

New Delhi:

Indian bourses furthered gains in early trade on Wednesday, with benchmark indices Sensex and Nifty adding 194 points and 66 points respectively on sustained buying mainly in stocks of finance, metal and capital goods sectors. The BSE barometer Sensex opened positively at 36,544.86 and further consolidated its gains to trade at 36,636.10, climbing 194 points over the previous close. It had gained nearly 379 points to close at 36,442 on Tuesday.

The 30-share index also gained nearly 575 points in the last two trading sessions.

Among the Sensex constituents, 17 stocks rose and 13 counters fell. The 30-share index has gained over 768 points in the last three sessions.

Bajaj Finance led the Sensex chart with a jump of 2.60 per cent, followed by ICICI Bank 2.55 per cent and Reliance Industries Ltd 2.15 per cent.

The NSE gauge Nifty opened at 11,024.85 and rose to 11,053, gaining 65.55 points. The 50-scrip index had jumped 66 points to close at 10,053. On BSE, ICICI Bank, SBI, Vedanta were leading the gainers' chart.

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"The buoyancy in the market sentiment is clearly evident from last few sessions, where mid and small caps have come to the fore and started to outperform. The market breadth has also improved on the back of the market participants sensing the possibility of the incumbent government retaining power, which naturally provides policy stability," Devang Mehta, Head - Equity Advisory, Centrum Wealth Management, said.

However, Asian bourses remained in tight ranges on Wednesday as investors awaited fresh cues from US-China trade talks and weighed weaker Wall Street sentiment. 

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First Published : 06 Mar 2019, 03:52:26 PM