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HomeBUSINESSSensex rises over 200 points, Nifty soars | Top gaining shares

Sensex rises over 200 points, Nifty soars | Top gaining shares

Nifty 50 index rose 0.4 per cent or 66.70 points to 15,877.55, while the S&P BSE Sensex was up 0.46 per cent or 244.88 points at 53,379.23.

HIGHLIGHTS

  • Nifty finance index rose 0.7 per cent
  • Bajaj Finance gained 1.7 per cent
  • ONGC share price fell 4.2 per cent

The Sensex and Nifty edged up on Wednesday, as a strong quarterly performance from top non-banking financial company Bajaj finance boosted financial stocks and a drop in crude prices eased inflation worries.

The NSE Nifty 50 index rose 0.4 per cent or 66.70 points to 15,877.55, while the S&P BSE Sensex was up 0.46 per cent or 244.88 points at 53,379.23.

The Nifty finance index rose 0.7 per cent, while Bajaj Finance gained 1.7 per cent after reporting strong June- quarter numbers.

Shares of domestic explorers Oil and Natural Gas Corp fell 4.2 per cent and Oil India dropped 4.4 per cent.

Asian stocks slipped and the dollar stood by a two-decade high against the euro on deepening fears that the continent is leading the world into recession.

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