maintained their positive trajectory in the afternoon session on Wednesday, with benchmark indices trading higher as information technology stocks continued their rally and foreign institutional investors extended their buying streak into the second day.
traded at 81,385.33, gaining 284.01 points or 0.35 per cent from its previous close of 81,101.32, while the advanced 88.20 points or 0.35 per cent to reach 24,956.80 from Tuesday’s close of 24,868.60. Both indices opened higher, with the Sensex beginning at 81,504.36 and the Nifty at 24,991.00.
Technology stocks dominated the gainers’ list, with Wipro advancing 2.74 per cent to ₹255.97, HCL Technologies rising 2.61 per cent to ₹1,464.30, and Tech Mahindra climbing 1.98 per cent to ₹1,527.80. Defence stock BEL emerged as the top gainer, surging 3.76 per cent to ₹385.95, while Bajaj Finance contributed to the financial sector’s strength with a 1.99 per cent gain to ₹967.30.
The automobile sector continued to face selling pressure, with Mahindra & Mahindra leading the declines with a 2.51 per cent drop to ₹3,603.70. Bajaj Auto fell 1.79 per cent to ₹9,215.00, Hero MotoCorp declined 1.69 per cent to ₹5,332.00, and Maruti Suzuki slipped 1.22 per cent to ₹15,178.00. Tata Motors also traded lower by 0.84 per cent at ₹709.55.
Broader market indices outperformed the benchmark, with the Nifty Midcap 100 gaining 0.79 per cent to 57,917.75. Sectoral indices showed mixed trends, with Nifty Bank advancing 0.64 per cent to 54,558.70 and Nifty Financial Services rising 0.62 per cent to 26,123.55. The Nifty Next 50 added 0.37 per cent to reach 67,708.55.
Market breadth remained positive across the BSE, with 2,419 stocks advancing against 1,634 declines among 4,211 traded scrips. A total of 104 stocks hit their 52-week highs compared to 47 touching 52-week lows. Circuit activity showed 207 stocks in the upper circuit while 163 were locked in the lower circuit.
The sustained buying by foreign institutional investors, who pumped in ₹2,041.95 crore on Tuesday after an 11-day selling spree, continued to support market sentiment. Trading volumes remained healthy across major counters, indicating sustained institutional participation in the ongoing recovery.