Sustained buying in old economy and banking stocks lifted the market for the second straight session on Wednesday with the 30-share BSE Sensex edging up 33.32 points to close at 2,993.94, its highest close since April 16.
The broader NSE S&P CNX Nifty Index rose by 7.95 points to close at 952.15. Volumes were heavy as there were nearly two gainers for every loser.
FMCG giant Hindustan Lever climbed 4.45 per cent to Rs 146.75 on hopes that good rainfall during this year would drive growth.
Britannia Industries jumped 2.77 per cent to Rs 548.55 after a block deal of 44,000 shares struck on the counter on BSE. Bike major Hero Honda Motors rose 2.59 per cent to Rs 220.05 on sustained buying support.
However, Bajaj Auto finished flat at Rs 475.70, off its day
