Sensex rises for second day; blue chips rally

MUMBAI (Reuters) - Ther BSE Sensex rose for a second consecutive session on Wednesday as blue chips rallied, in line with stronger global markets while Reliance Industries recovered from steep falls in the previous session that were seen as excessive.

The Sensex provisionally closed higher 0.36 percent at 20,437.33, while the Nifty ended up 0.35 percent at 6,084.

Shares in Reliance Industries provisionally closed higher 1.12 percent on value-buying after falling more than 2 percent on Tuesday when Delhi Chief Minister Arivind Kejriwal asked for an investigation into company Chairman Mukesh Ambani and policymakers over pricing of gas produced from the company's D6 block in the eastern coast.

 

(Reporting by Indulal PM; Editing by Subhranshu Sahu)