Indian stock markets ended Wednesday’s session near the day’s highs, supported by strong buying in IT and realty stocks, while investors remained cautious ahead of the US Federal Reserve’s policy decision.
The benchmark Nifty closed 0.83 per cent higher, gaining 196.65 points to settle at 23,777.80.
Similarly, the Sensex rose 0.83 per cent, or 633.29 points, to end at 76,704.13.
Commenting on Nifty technical outlook, experts said that immediate support is placed near 23,650, followed by a stronger base around 23,350.
Among the top performers in the Nifty pack were Eternal and Tech Mahindra, which saw strong gains during the session.
Broader markets outperformed the benchmark indices, indicating wider participation from investors.
The Nifty MidCap index surged 1.94 per cent, while the Nifty SmallCap index gained 1.70 per cent by the close.
On the sectoral front, the Nifty IT index emerged as the top gainer, supported by buying in technology stocks.
The Nifty Media and Nifty Realty indices also performed well. However, selling pressure was seen in the Nifty Metal and Nifty FMCG indices, which ended lower.
(IANS)
