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Both the benchmark indices were at 2016 closing high ahaed of April Futures & Option expiry tomorrow. The Sensex ended up 56.82 points or 0.2 percent at 26064.12, and the Nifty was up 17.25 points or 0.2 percent at 7979.90. About 1274 shares have advanced, 1281 shares declined, and 193 shares are unchanged. FMCG, banks and oil & gas stocks lend support to the market. Adani Ports, Bharti, ONGC, GAIL and M&M were top gainers while ICICI Bank, Axis Bank, SBI, Hindalco and BHEL were losers in the Sensex.
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Domestic and global cues indicate a green opening for the Nifty on Wednesday. SGX Nifty was trading at 7,972 level, up 7.50 point at 7:43 AM. On Tuesday, market staged a spectacular comeback after a sluggish start. Nifty rallied over 100 points led mainly by largecaps and banks. Fourth quarter earnings of telecom giant Bharti Airtel and YES Bank will be closely watched today. In global markets, US stocks closed mixed with energy leading ahead of the US Federal Reserve’s crucial meeting. However, Nasdaq 100 futures fell more than a percent in after-trade on back of disappointing earnings from Apple.