Equity indices defied gravity for the 10th straight session on Wednesday, following a fag-end rally in banking and financial counters that helped offset profit-booking in IT stocks.
The Sensex opened on a weak note but gained ground in the last hour to finish at 40,794.74, up 169.23 points or 0.42 per cent. Similarly, the broader Nifty rose 36.55 points or 0.31 per cent to close at 11,971.05.
Bajaj Finserv led the Sensex gainers’ chart, jumping 3.87 per cent, followed by Bajaj Finance, ICICI Bank, IndusInd Bank, SBI, Tata Steel, Axis Bank, L&T, and HDFC Ltd.
On the other hand, NTPC,