Markets' winning streak continues

The stock market closed on the upside on Wednesday — marking it Day 5 — when upbeat Asian shares and a record close in the US created room for buoyancy. For the Sensex, it was an over two-week high of 33,562, fuelled by infrastructure, PSU and auto stocks. Telecom, metal and healthcare came as dampeners.

 

The broader Nifty scaled a high of 10,368.70, but profit- taking pulled it down as the index closed at 10,342.30, still up 15.40 points, or 0.15 per cent. Intra-day, it briefly slipped into the red to touch a low of 10,309.55.

 

Adani Ports was the star stock, jumping 3.27 per cent.

 

Gains were also reported in HDFC Ltd, SBI, Asian Paints and Maruti Suzuki.