Equity benchmark indices Sensex and Nifty ended higher on Wednesday, extending their previous day's rally, on optimism over the India-EU landmark free trade agreement.
The 30-share BSE Sensex jumped 487.20 points or 0.60 per cent to settle at 82,344.68. During the day, it soared 646.49 points or 0.78 per cent to 82,503.97. The 50-share NSE Nifty surged 167.35 points or 0.66 per cent to end at 25,342.75.
From the 30-Sensex firms, Bharat Electronics surged nearly 9 per cent post its December quarter earnings. Eternal, Bajaj Finance, Power Grid, Trent, Mahindra & Mahindra and UltraTech Cement were the other major gainers.
However, Asian Paints dropped over 4 per cent after the firm reported a decline of 4.83 per cent in consolidated net profit at Rs 1,073.92 crore for December quarter FY26 on a year-on-year basis on account of exceptional items as implementation of the new Labour Codes and impairment of loss in a subsidiary. Maruti, Sun Pharma, Infosys and Bharti Airtel were among the other laggards.
Meanwhile, foreign institutional investors offloaded equities worth Rs 3,068.49 crore on Tuesday, while domestic institutional investors outnumbered them by buying stocks worth Rs 8,999.71 crore, according to exchange data.
Also read: Investors rejoice over EU-India FTA; stock markets rally
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