The Daily PulseBusiness
Indian stocks rise as Sensex adds 299 points, crude slips under $99
Reported by Varun Krishnan (Senior Writer) · Economic Times - Markets ·
Reported by one source so far
Representative image · Wikimedia CommonsIndian equities closed higher on Wednesday, with the Sensex up 299 points and the Nifty up 118 points. The rise came as crude oil prices fell below $99 a barrel. Broader market indices outperformed the benchmark. Gains were led by metal stocks and banking shares. Analysts said stronger domestic growth signals helped lift sentiment. Positive market breadth also supported the rally. The metal sector benefited from higher global demand, while banks rode expectations of better loan growth. Overall, the market showed renewed confidence ahead of upcoming economic data.
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