Nifty ends above 5,800 led by IT shares

Broader markets outperform benchmarks, surge over 1%

Markets ended higher for the second straight day on Wednesday, amid encouraging GDP growth forecast for the next two years by global rating agency Standard & Poors, led by gains in capital goods and software shares.

The Bombay Stock Exchange's Sensex ended up 128 points at 19,271 provisionally while the National Stock Exchange's Nifty gained 34 points to end at 5,819.