Benchmark indices ended higher on Wednesday but gave up much of their intraday gains. The S&P BSE Sensex rose 150.30 points to close at 80,718.01, while the NSE Nifty50 added 19.25 points to settle at 24,734.30.
Analysts said profit booking weighed on the closing levels, even as consumer and auto stocks gained ground following the government’s announcement of GST rate cuts.