Benchmark domestic equity indices climbed around 0.7% after a choppy trading session today, extending their winning streak for a fourth straight session.
The Sensex rose 510 points to close at 74,617, while Nifty added 155 points to settle at 23,124. In the broader market on the National Stock Exchange, the Mid-cap 100 gained 0.2%, while the Small-cap 100 closed marginally lower.
The markets opened the day with a gap down of over 0.5% and traded in the negative zone during the first half. However, in the latter half, they staged a strong recovery and ended the session on a bullish note. The Sensex rebounded by over 1,300 points, while the Nifty recovered more than 400 points from their intraday lows.
In the forex market today, the rupee appreciated by eight paise to close at 92 rupees and 98 paise against the US dollar.
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