The two key equity benchmarks, Sensex and Nifty, recouped their losses and rebounded during the fag-end buying in energy, metal, and utility stocks. The BSE Sensex index closed 268 points higher at 71,883. On the other hand, the NSE Nifty50 was closed at 21,840, up 97 points.
On the 30-share Sensex platform, M&M, Nestle, L&T, ITC, Titan, HUL were among the lead gainers. On the downside, TechM, UltraCemco, and HCLTech emerged losers.
#ABPStockMarketWatch | Sensex and Nifty, recouped their losses and rebounded during the fag-end buying, on Wednesday
At 04:00 PM, #Sensex gained 268 points to 71,823 & #Nifty gained 97 points to close at 21,840
Here’s a look at the stocks in focus:#ABPLive #ClosingBell… pic.twitter.com/T38ojVtlYE
— ABP LIVE (@abplive) February 14, 2024
In the broader markets, the BSE Midcap and Smallcap indices pared their losses and settled up to 1.3 per cent higher.
Sectorally, PSU Bank and Oil & Gas indices advanced 3 per cent each, while auto, bank, FMCG, capital goods, metal, power and realty rose 1.2 per cent each. On the flip side, IT and Pharma stocks were down 1 per cent each.
In the previous session on Tuesday, the S&P BSE Sensex rose 483 points higher at 71,555, while the NSE Nifty50 shut shop at 21,743, up 127 points.