Mumbai, Nov. 4 -- Stock markets rallied for the fifth straight day on Wednesday, with the benchmark Sensex climbing nearly 384 points to close above 77,000 on buying in blue-chip financial, FMCG and auto shares amid foreign fund inflows and easing crude oil prices.
The 30-share BSE Sensex rose 383.55 points, or 0.50 per cent, to settle at 77,301.40, its highest close in more than two months. During the day, it surged 478.19 points, or 0.62 per cent, to 77,396.04. In the five-day rally through Wednesday, Sensex soared by over 4,000 points or 5 per cent.
The 50-share NSE Nifty was up 149.75 points, or 0.63 per cent, to end at 23,960.60. In the 30 Sensex firms, Bharat Electronics, Titan, InterGlobe Aviation, Bajaj Finance, ITC and Adani Ports were the biggest winners.
Tata Consultancy Services, HCL Tech, Infosys and Eternal were among the laggards.
Brent crude, the global oil benchmark, declined 0.73 per cent to USD 102.8 per barrel.
Foreign Institutional Investors (FIIs) bought equities worth Rs 6,836.81 crore on Tuesday, according to exchange data.
Published by HT Digital Content Services with permission from Millennium Post.