Indices settle higher on positive US inflation data, Sensex gains 145 pts

Benchmark indices Sensex and Nifty ended with gains on Wednesday, extending their previous day rally amid lower level of inflation on domestic front and better-than-expected inflation readings from the US.

The 30-share BSE Sensex climbed 144.61 points or 0.23 per cent to settle at 62,677.91. During the day, it jumped 

301.81 points or 0.48 per cent to 62,835.11.

The broader NSE Nifty advanced 52.30 points or 0.28 per cent to end at 18,660.30.

“Nifty rose for the second consecutive session, in line with most Asian markets that were up. Sharp fall in WPI inflation for November also helped sentiments,” said Deepak Jasani, Head of