Mumbai: Reliance Industries, HDFC Bank, and Titan were the biggest boosts to Sensex as the domestic stock markets recovered early losses to push higher on Wednesday
Banking, financial services, and automobile shares gained.
The S&P BSE Sensex index jumped as much as 405.02 points from the weakest level of the day at 39,450.82 to touch 39,858.35 on the upside in mid-morning deals.
The broader NSE Nifty 50 benchmark climbed to as high as 11,733.80, having declined to 11,629.35 earlier compared to its previous close of 11,662.40. Losses in IT and metal shares, however, limited the upside.
At 10:01 am, the Sensex traded 282.09 points – or 0.71 per cent – higher at 39,856.66, while the Nifty was up 70.45 points – or 0.60 per cent – at 11,732.85.
Titan, Reliance Industries, UPL, ONGC, and Maruti Suzuki India, trading between 1.43 percent and 4.64 percent higher, were the top gainers in the Nifty basket of 50 shares.
On the other hand, Bajaj Finance, Bajaj Finserv, Bharat Petroleum, GAIL, and Coal India, trading between 1.03 percent and 3.94 percent lower, was the worst hit among 24 laggards in the benchmark index.
Reliance Industries, HDFC Bank, and Titan were the biggest boosts to Sensex.
Analysts awaited corporate earnings from heavyweights and the outcome of a policy review by the RBI due in the coming days.
