India's benchmark Sensex advanced 110 points on Wednesday, marking its fourth consecutive day of gains, buoyed by buying in HDFC Bank, ICICI Bank and fresh foreign fund inflows.
The 30-share Sensex index rose 110.58 points, or 0.14%, to close at 80,956.33, after touching an intraday high of 81,245.39, up 399.64 points or 0.49%. The broader NSE Nifty also edged up, gaining 10.30 points, or 0.04%, to finish at 24,467.45.
HDFC Bank, Bajaj Finserv, NTPC, Titan, Tata Consultancy Services, Tech Mahindra, Bajaj Finance and ICICI Bank were the top gainers in the Sensex pack. Conversely, Bharti Airtel, Tata Motors, Adani Ports, Power Grid, Maruti, ITC, Reliance Industries and UltraTech Cement were among the top laggards.
Foreign institutional investors turned net buyers on Tuesday, purchasing equities worth ₹3,664.67 crore, according to exchange data.
In global markets, Tokyo closed higher, while Seoul, Shanghai and Hong Kong ended in the red. European markets were mostly trading higher, and U.S. markets closed predominantly positive on Tuesday.
India’s services PMI for November dipped to 58.4, though employment in the sector showed robust growth, according to a monthly survey.
Meanwhile, Brent crude, the global oil benchmark, rose 0.34% to $73.91 per barrel.
On Tuesday, the BSE Sensex surged 597.67 points, or 0.74%, to close at 80,845.75, while the Nifty gained 181.10 points, or 0.75%, to finish at 24,457.15.
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