Market on Wednesday | Market bounces back; Nifty above 26,000, Sensex up 513 pts
The Indian equity indices bounced back on November 19, erasing all the previous session losses with Nifty finishing above 26,000 led by IT and financials.
At close, the Sensex was up 513.45 points or 0.61 percent at 85,186.47, and the Nifty was up 142.60 points or 0.55 percent at 26,052.65.
Broader indices remained mixed, with BSE Midcap index rising 0.3%, while Smallcap index fell 0.4%.
Nifty Bank continued hitting fresh record high on the third consecutive session. The index touched new high of 59,264.25, finishing with 0.54% gains at 59,216.05.
On the sectoral front, IT index rose 3%, PSU Bank index added 1.2%, while media index down 0.3% and realty index down 0.4%.
Biggest Nifty gainers were HCL Technologies, Max Healthcare, Infosys, Wipro, TCS, while losers were TMPV, Coal India, Maruti Suzuki, Adani Ports, Bajaj Finance.