Sensex rises 232 points to close at 31,685; Nifty up 65 points to 9,270

The S&P BSE Sensex settled 0.74% higher at 31,685 points after rising over 800 points from the day’s low. Nifty50 index closed 65 points or 0.71% higher at 9,270.

Indian benchmark indices closed up on Wednesday, following two days of losses, after witnessing a highly volatile session mostly with the help from banking shares.

Mid- and small-cap shares also saw buying interest with the Nifty Midcap 100 and Nifty Smallcap 100 indexes rising 0.8% each. (HT photo)

The S&P BSE Sensex settled 0.74% higher at 31,685 points after rising over 800 points from the day’s low. Nifty50 index closed 65 points or 0.71% higher at 9,270.

Mahindra & Mahindra, Bajaj Finance and HDFC Bank were top gainers on Sensex. ITC, TCS and Hindustan Unilever were among the top loser on the 30-share barometer.

On Nifty, nine of 11 sector gauges ended higher led by the Nifty Private Bank index’s nearly % gain. Nifty Financial Services, Bank and Auto indexes also rose between 2% to 2.85% each.

Mid- and small-cap shares also saw buying interest with the Nifty Midcap 100 and Nifty Smallcap 100 indexes rising 0.8% each.

Among the top gainers in the Nifty 50 basket of shares, Bajaj Finance’s stock rose nearly 5.5%. Mahindra & Mahindra, GAIL, HDFC Bank, ICICI Bank, Tata Motors, Bharti Airtel, Adani Ports, Zee Entertainment, Hero MotoCorp were also among the gainers.