Mumbai: Stock market Wednesday cut short its seven-day losing spree, with the NSE Nifty rising by 102.05 points to reclaim the 8,100-level following across the board value buying by investors.
The buying was seen in shares of IT, auto, infra, energy, banks, Financials, Realty and Metal while the broader market tracked its larger peers as Midcap and Smallcap shares ended firm.
Elsewhere, most Asian markets ended higher.
The broader 50-share barometer hovered between a high of 8,152.25 and a low of 8,023.80 before closing at 8,124.45, showing a sharp gain of 102.05 points, or 1.27 percent.
Stockwise the major gainers were Cairn (6.76 percent), BHEL (4.10 percent), Wipro (3.53 percent), HCL Tech (3.42 percent), TechM (2.92 percent), Reliance (2.50 percent), L&T (2.35 percent), ICICI Bank (1.88 percent), Infy (1.73 percent) and Tata Motors (1.49 percent).
Meanwhile, Foreign Portfolio Investors (FPIs) sold shares worth Rs 645.02 crore yesterday as per provisional data.
Turnover in the cash segment eased to Rs 13,509.87 crore compared to Rs 13,569.95 yesterday. A total of 7,182.20 lakh shares changed hands in 65,22,990 trades and the total market capitalisation of the NSE stood at Rs 95,76,923.40 crore.
