The benchmark indices on Wednesday pared some intraday gains but closed higher for the sixth straight session thanks to over 11% surge in index heavyweight Reliance Industries even as broader indices finished lower ahead of the F&O expiry of February series due tomorrow.
The S&P BSE Sensex settled the day at 28,864, up 103 points, while the broader Nifty50 ended at 8,926, up 19 points.
The broader market underperformed the frontline indices with BSE Midcap and BSE Smallcap indices shedding 0.6% each.
The market breadth, indicating the overall health of the market, turned negative from positive in afternoon trade. On