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MARKET WRAP: Sensex up 83 pts, Nifty ends at 10,841; realty, metals surge

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Benchmark indices moved higher in Wednesday's noon trade after trading in a range-bound manner for a major part of the day. 
 

The S&P BSE Sensex gained 135 points, or 0.37 per cent, to 36,620 levels. Bajaj Finance, Tata Steel, State Bank of India, Kotak Mahindra Bank, and Asian Paints were the top gainers in the Sensex pack. The broader Nifty50 index was up 40 points, or 0.36 per cent, to 10,860 levels.

The Nifty sectoral indices, except Nifty FMCG, were trading in the green. Nifty Metal, Nifty PSU Bank, and Nifty Realty indexes all gained over 1 per cent each.

In the broader market, the S&P BSE MidCap index was ruling at 13,460 levels, up 78 points, or 0.6 per cent, and the S&P BSE SmallCap index was hovering around 12,900 levels, up 48 points, or 0.37 per cent.

GLOBAL MARKETS

Caution ahead of an expected US interest rate cut kept wider financial marketsin tight ranges.


European shares are expected to tread water, with pan-European Euro Stoxx 50 futures shedding 0.06 per cent, German DAX futures losing 0.1 per cent and FTSE futures down 0.14 per cent. MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.14 per cent while Japan’s Nikkei dipped 0.18 per cent after 10 straight days of gains and China’s blue-chip share index rose 0.52 per cent.


CATCH ALL THE LIVE UPDATE

03:46 PM
Nifty Realty among top gainers on the NSE today


Key indices on NSE

03:44 PM
 

RIL, SBI, ITC contribute most to Sensex's gain today

03:43 PM
 

Sensex heat map


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