Share Market Today: The two key equity benchmark indices, Sensex and Nifty, on Wednesday rebounded sharply and pared their early morning losses. The two indices scaled their new highs before closing Wednesday’s trading session. The Sensex gained 256 points to 85,170. On the other hand, the NSE Nifty50 hit an all-time high of 26,032 before ending the session at 26,004, rising 64 points.
On the 30-share Sensex platform, PowerGrid, Axis Bank, NTPC, Bajaj Finserv, Bajaj Finance, Tata Steel emerged gainers. On the down side, TechM, Tata Motors, Titan, Kotak Bank, SBI, JSW Steel are among the losers.
In the broader, Nifty Midcap 100 and Nifty Smallcap 100 indices settled in the red, declining 0.63 per cent and 0.42 per cent, respectively.
The volatility index, India VIX, closed 7.37 points lower at 12.41.
On the sectoral front, indices for power, metal, media, and real estate jumped by 0.5-3 per cent, while FMCG, PSU banks, and IT saw declines of 0.5-1 per cent.
In the previous session on Tuesday, the 30-share Sensex peaked at 85,163 but closed slightly lower at 84,914, down 14.57 points, or 0.02 per cent, from the previous day. On the other hand, the NSE Nifty50 reached an intraday high of 26,012 before settling at 25,940.
