Indices rise for 3rd day as investors await US results; Sensex up 355 pts

Equity indices ticked higher for the third straight session on Wednesday, largely in tandem with global markets as investors awaited the outcome of the tightly-contested US presidential election.

Robust buying in market-heavyweight Reliance Industries and IT stocks boosted the benchmarks, even as a sharp depreciation in the rupee weighed on sentiment, traders said.

After a volatile session, the Sensex ended 355.01 points or 0.88 per cent higher at 40,616.14.

Similarly, the broader Nifty climbed 95 points or 0.80 per cent to 11,908.50.

IndusInd Bank was the top gainer in the Sensex pack, surging 4.85 per cent, followed by Sun Pharma,