Sensex ends with mild gains 150 points; Nifty scales new all-time high

Mumbai, June 12 (UNI) Snapping a losing streak of the last two sessions, the BSE Sensex on Wednesday recovered about 150 points at 76606.57 on the strength of industrials, power, and energy stocks, anticipating the release of the US inflation report and the Federal Reserve policy decision amid strong global cues.

The National Stock Exchange (NSE) rose 58.10 points to 23322.95. The Nifty came down after touching new all-time high of 23,441.95 during intra-day trading as profit booking appeared in the last couple of hours especially in the heavy weights.

The market remained positive throughout the session, as the BSE Sensex opened at 76679.11, up 123 points. It rallied 594 points at 77050.53 days high. Later, it slipped but maintained a positive trend and closed at 76606.57, jumping 149.98 points from its previous close.

The Foreign Institutional Investors (FIIs) sold yesterday equities valued Rs 111 crore while the Domestic Institutional Investors (DIIs) bought to the tune of Rs 3,193 crore in the last trading session, according to data available.

The stocks that lifted the market were industrials by 1.22 per cent, power sector by 1.20 per cent, utilities by 1.07 per cent, and energy by 0.98 per cent.

In 30-share index, 20 advanced while 12 declined. The midcap rose 1.07 per cent and the small cap by 1.06 per cent.

The gainers were Powergrid by 2.53 per cent to Rs 324.55, Tech Mahindra by 1.61 per cent to Rs 1371, Bajaj Finance by 1.18 per cent to Rs 7218.95, NTPC by 1.02 per cent to Rs 371.35, and Ultracemco by 0.99 per cent to Rs 11033.70.

The losers were M&M by 1.34 per cent to Rs 2795.90, Hind Unilever by 0.88 per cent to Rs 2532.85, Infosys by 0.64 per cent to Rs 1486, and Titan by 0.64 per cent to Rs 3386.35.

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