Markets Closing: Sensex Gains 140 Points And Nifty Ends Above 24,100 - Check Top Gainers And Losers

On Wednesday, the Sensex climbed 149.85 points, closing at 79,105.88. Meanwhile, the Nifty index saw a modest gain of 4.75 points, ending the day at 24,143.75.

Within the Nifty index, several prominent companies, including TCS, HCL Tech, Tech Mahindra, Infosys, and Mahindra and Mahindra were among the top gainers. On the other hand, Divi's Laboratories, Hero MotoCorp, Coal India, and Dr. Reddy were among the top losers.

Foreign Institutional Investors (FIIs) sold equities amounting to Rs 2,107.17 crore and Domestic Institutional Investors (DIIs) purchased equities amounting to Rs 1,239.96 crore respectively on the previous trading day, as indicated by exchange data.

Vinod Nair, Head of Research, Geojit Financial Services, said, "The domestic market traded within a narrow range; even as global markets saw a positive turnaround. Investors adopted a cautious stance due to weak domestic sentiment and the risks of earnings downgrades. Meanwhile, a decline in WPI inflation, driven by lower food prices, signals that the RBI is progressing towards its price stability target. The IT index edged up, reflecting optimism for improved US CPI data expected later today, which could increase the scope of a loose monetary policy from the Fed."

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