Equities ended higher Wednesday as buying emerged after forecasts that inflation for the week ended August 9 will be around 12.63 per cent against 12.44 per cent a week ago.
Realty and capital goods stocks were amongst the major gainers.
Bombay Stock Exchange’s Sensex closed at 14,688.45, up 144.72 points or 1 per cent. It touched a high of 14,746.20 and low of 14,584.03.
National Stock Exchange’s Nifty closed at 4420.55, up 51.55 points or 1.20 per cent. The broader index touched a high of 4,434.90 and low of 4,365.45.
BSE Midcap Index closed at 5,825.29, up 1.02 per cent and BSE Smallcap Index ended 0.66 per cent up at 7,059.21.
Biggest Sensex gainers were Reliance Communications (4%), Grasim Industries (3.48%), BHEL (3.41%), HDFC Bank (3.28%) and Bharti Airtel (2.96%).
Losers were ONGC (-2.52%), Mahindra & Mahindra (-2.08%), Satyam Computer (-0.74%), Hindustan Unilever (-0.41%) and ITC (-0.11%).
Market breadth on BSE showed 1658 advances and 974 declines.
Major European markets were in the positive as demand rose in commodities. FTSE 100 was up 0.79 per cent, CAC 40 gained 0.61 per cent and DAX moved 0.34 per cent higher.
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