Stock market today: BSE Sensex ends over 600 points up; Nifty50 above 23,150

Stock market today: The BSE Sensex and Nifty indices recorded substantial gains on Wednesday, advancing approximately 1 per cent, driven by strong performance in IT, capital goods and industrial sectors, alongside positive global market sentiment. The BSE Sensex concluded at 76,532.96, rising by 631.55 points or 0.83 per cent, after reaching an intraday high of 76,599.73. The NSE Nifty finished at 23,163.10, gaining 205.85 points or 0.90 per cent.

Among the prominent Sensex constituents, Zomato led the gains with a nearly 7 per cent increase, followed by strong performances from Tata Motors, Infosys, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra and Bajaj Finance.

However, ITC Hotels, Bharti Airtel, Maruti, Asian Paints and ITC experienced declines during the session.

Asian markets showed mixed results, with Seoul and Tokyo ending positively, whilst Shanghai and Hong Kong remained closed for holidays. European markets displayed predominantly positive movement, following Tuesday's upward trend in US markets.

FIIs sold equities worth Rs 4,920.69 crore on Tuesday, as per exchange data.

Brent crude, the global oil benchmark, decreased by 0.93 per cent to USD 76.77 per barrel.

The previous session on Tuesday saw the BSE Sensex rise by 535.24 points or 0.71 per cent to 75,901.41, while the Nifty advanced by 128.10 points or 0.56 per cent to 22,957.25.