Markets settled in positive terrain for the fifth day in succession on Wednesday with Sensex adding another over 80 points on moderate to handsome gains in IT, tech and realty stocks. Marketmen said major players indulged in covering their pending long positions ahead of settlement in the August derivative segment, helping the key index to post moderate gains.
The 30—share Sensex ended they day higher by 81.38 points, or 0.52 per cent to 15,769.85.
After adding a handsome 880 points in past four sessions, the barometer on Wednesday touched the three—week high of 15,831.49 in intra day.
The National Stock Exchange index Nifty rose by 21.50 points, or 0.46 per cent, to 4,680.85.
The uptrend was also fuelled by a firming trend in other Asian region on an unexpected surge in consumer confidence in the US, the largest market for their products.
The information technology segment index gained the most by rising 3.35 per cent to 4,272.46. Infosys, the second—largest software company, gained 4.07 per cent.