Domestic stock markets extended gains to a third straight session on Wednesday tracking strength across Asian equities. The S&P BSE Sensex index gained as much as 0.68 per cent – or 260.19 points – to touch the 38,788.51 mark during the session, and the broader NSE Nifty 50 benchmark climbed to as high as 11,460.35, up 0.66 per cent (75 points) from its previous close. Gains in banking, financial services and energy shares supported the markets.
The Sensex ended 86.47 points – or 0.22 per cent – higher at 38,614.79, while the Nifty settled at 11,415.55, up 30.20 points – or 0.27 per cent – from its previous close.
Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high.
European share markets started Wednesday’s session on a positive note, with the United Kingdom’s FTSE benchmark index last seen trading 0.17 per cent higher in early trade.
France’s CAC and Germany’s DAX indices were up 0.31 per cent and 0.38 per cent at the time respectively.