Mumbai, June 25
Indian stock markets extended their gains for the second straight day on Wednesday, supported by strong buying in media and technology shares.
Investors were relieved after crude oil prices dropped and tensions between Iran and Israel eased following a ceasefire.
The Sensex closed 700.4 points higher at 82,755.51, gaining 0.85 per cent. The Nifty also rose by 200.40 points to settle at 25,244.75, up 0.8 per cent.
Titan Company, M&M, Infosys, Power Grid, TCS and Bharti Airtel emerged as the top gainers on the Sensex, with gains of up to 3.6 per cent.
On the other hand, BEL, Kotak Mahindra Bank and Axis Bank were the major laggards, falling as much as 3 per cent.
The broader markets saw a positive trend as well. The Nifty MidCap index gained 0.44 per cent, while the Nifty SmallCap index jumped 1.5 per cent.
Among sectoral indices, Nifty Media was the top performer with a 1.99 per cent rise, followed by Nifty IT which went up 1.64 per cent, and Nifty Consumer Durables which gained 1.43 per cent.