New Delhi, April 30 -- Stock market benchmarks, the Sensex and the Nifty 50, ended higher on Wednesday, 29 April, on value buying despite elevated crude prices and the rupee's weakness amid stalled US-Iran peace talks.

The Sensex closed at 77,496, rising 609 points, or 0.79%. The NSE barometer Nifty 50 gained 182 points, or 0.76%, to end at 24,177.65.

According to Amol Athawale, VP - Technical Research, Kotak Securities, the short-term outlook of the market remains positive. However, the Nifty 50 needs to close above 24,215 for a fresh uptrend.

"We are of the view that the short-term trend is still in a positive zone, but a fresh uptrend rally is possible only after the index crosses 24,215 or the 50-day SMA (simple moving average). On...