Benchmark domestic equity indices closed higher for the second consecutive session today. The Sensex rose 414 points, or 0.56 per cent to end at 74,729. The Nifty climbed 149 points, or 0.65 per cent to settle at 23,146.
However, the broader market on the National Stock Exchange underperformed the frontline indices. The Midcap 100 index fell 0.1 per cent, while the Smallcap 100 index remained largely unchanged.
In the Sensex pack, 18 out of 30 constituent companies registered gains. Among the top performers, Tech Mahindra skyrocketed over 8.4 per cent, Tata Consultancy Services gained 4.6 per cent, and Infosys surged more than 4.5 per cent. In contrast, Indigo dropped 2.2 per cent, Reliance slipped 1.1 per cent, and Asian Paints fell one per cent.
In the sectoral indices on the BSE, 15 out of 28 sectors ended in the negative zone. Among the top laggards, Housing Finance dropped 1.2 per cent, Hospitals slipped 0.8 per cent, and Services dipped 0.7 per cent. In contrast, IT climbed 3.4 per cent, Focused IT advanced 3.3 per cent, and Telecommunication jumped nearly 1.6 per cent.
The overall market breadth at the BSE was positive, as shares of 2,404 companies advanced, 1,962 declined, and 250 remained unchanged.