Mumbai, Aug 20
The Indian equity indices settled in positive territory on Wednesday amid strong buying in the IT and FMCG sectors.
The market sustained its positive momentum, supported by strong domestic inflows. Sensex ended the session at 81,857.84, up 213.45 points or 0.26 per cent.
The 30-share index opened with a marginal gain at 81,671.47 against last session's closing of 81,644.39.
The index remained rangebound amid buying in the IT and FMCG sectors and selling pressure in banking and financial service stocks. The Nifty closed 25,050.55, 69.90 or 0.28 per cent.
"Sentiment was buoyed after China, India’s largest trading partner, kept its key interest rate unchanged — a move that signals policy stability and carries potential implications for India’s trade outlook," Ashika Institutional Equities said in its note.
Infosys, TCS, Hindustan Unilever, NTPC, Tech Mahindra, Tata Steel, HCL Tech, Eternal, Bharti Airtel, Mahindra and Mahindra and Titan were the top gainers from the Sensex pack.