Benchmark indices Sensex and Nifty ended the volatile trading session in the green on Wednesday amid a sharp surge in global crude oil prices. The 30-share BSE Sensex gained 130.49 points or 0.17 per cent to settle at 77,185.43. During the day, the benchmark hit a high of 77,646.27 and a low of 76,982.82, gyrating 663.45 points. The 50-share NSE Nifty was up by 26.45 points or 0.11 per cent and ended the session at 24,078.50. Similarly, the broader market ended the session in the green. While the BSE MidCap Select Index gained 107.89 points or 0.59 per cent, the BSE SmallCap Select Index jumped 36.72 points or 0.42 per cent.
Among sectoral indices, Nifty Metal and Nifty IT witnessed substantial selling.
“Indian equity markets ended largely flat as a sharp surge in global crude oil prices, coupled with persistent weakness in the Indian rupee following the renewed conflict in the Middle East, triggered profit booking at higher levels. Strong gains in the financial, oil & gas, healthcare, and automobile sectors were largely offset by aggressive selling in metals, IT, realty, and FMCG stocks, keeping the benchmark indices range-bound,” said Ponmudi R, CEO of Enrich Money.
