INSUBCONTINENT EXCLUSIVE:
The Indian equity benchmarks witnessed a strong trading session on Wednesday with Nifty 50 index advancing for fourth session in a row as
investor sentiment remained bullish as downward trend in daily COVID-19 cases fuelled hopes of a swifter economic reopening
The benchmarks opened on a subdued note but surged in mid-morning deals owing to buying interest in information technology shares
The Nifty 50 index closed near its all-time closing high of 15,315 and Sensex surged as much as 435 points to move above its important
psychological level of 51,000.The Sensex ended 380 points or 0.75 per cent higher at 51,017 and Nifty 50 index climbed 93 points or 0.61 per
cent to send at 15,301.Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty IT index's 2 per
Nifty Realty, Media, Auto and Financial Services shares also witnessed buying interest.On the other hand, metal and PSU banking stocks
witnessed selling pressure.Mid- and small-cap shares ended on a mixed note as Nifty Midcap 100 index rose 0.1 per cent and Nifty Smallcap
100 index rose 0.6 per cent.Bajaj Finserv was top Nifty gainer, the stock rose nearly 5 per cent close at Rs 11,900
Bajaj Finance, Infosys, Grasim Industries, Wipro, UPL, HDFC, Maruti Suzuki, Larsen - Toubro, Tech Mahindra and Mahindra - Mahindra also rose
1.5-3 per cent.On the flipside, Power Grid, Hindalco, Tata Steel, NTPC, Tata Consumer Products, Coal India, ONGC, Bharat Petroleum and Adani
Ports were among the losers.The overall market breadth was extremely positive as 1,953 shares ended lower while 1,183 closed higher on the
