Indices end higher for 4th straight session; Sensex tops 60,000 mark

MUMBAI: Benchmark indices ended higher on Wednesday, with Sensex topping 60,000 mark as investors sentiments got boosted on softening inflation and strong buying by foreign investors. At close, Sensex ended up 417.92 points or 0.70 per cent at 60,260.13, and Nifty ended 119.00 points or 0.67 per cent higher at 17,944.25. About 2,019 shares have advanced, 1,405 shares declined and 132 remained unchanged.

BSE midcap ended up 0.64 per cent, whereas BSE SmallCap and BSE LargeCap closed 0.53 per cent and 0.71 per cent, respectively.

BSE IT index and BSE Consumer Durables index ended over 1 per cent up on Wednesday. Bajaj Finserv, Bajaj Finance, Tech Mahindra, Bharti Airtel, among others were top gainers on the BSE on Wednesday. "Bulls on Dalal Street kept the momentum going as Sensex zoomed past the psychological 60,000-mark and Nifty inched towards 18,000 level on the back of softening inflation and strong FII buying in the current month. While global factors remain hazy, India is seen as a bright spot in today's challenging times," said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities Ltd. (IANS)

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