MARKET WRAP: Sensex earns 95 pts, Nifty finishes at 11,227; Advance of stocks of consumer goods


EEB, Markets

Photo: Kamlesh Pednekar

Indian markets were trading more than half a percent higher in Wednesday’s volatile session, driven mainly by consumer goods and pharmaceuticals stocks.

Among the major indices, the S&P BSE Sensex was trading around 38,210 levels, up 210 points, and the Nifty50 index was testing the 11,300 mark. Titan, Tech Mahindra, Nestle India and Hindustan Unilever (all with a 2% increase) were the top winners from Sensex.

Reliance Industries shares rose 1 percent in the first days after the company said General Atlantic, a leading global growth capital firm, will invest Rs 3,675 cr in Reliance Retail Ventures Limited. READ MORE

The trend among Nifty’s industry indices was mixed, with the Nifty Bank index down 1%, leading the list of losers.

In the broader market, the S&P BSE MidCap and SmallCap indices were trading 0.2% higher each.

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