MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, gained 54 points on Wednesday on the back of a double-digit growth in industrial output for the sixth consecutive month in March, despite losses in Bharti Airtel due to concerns over rise in fee. The 30-share index rose by 54.28 points and closed at 17195.81 against 17141.53 on Tuesday.

In choppy trading, the Sensex shuttled between 17252.52 and 17028.08 during the day.

The markets, however, bounced back from the day's low after the official data released showed that industrial production grew in double digits for the sixth consecutive month in March at 13.5 per cent.

Among the 30 components of Sensex, 19 ended in the green while 11 closed in the red.

Rupee recovers 19 paise

Rupee appreciated by 19 paise against the dollar on Wednesday following selling by exporters and recovery in the domestic stock markets and closed at 45.12. On Tuesday, the rupee ended lower by 46 paise at Rs. 45.31. In a fairly active trading at the interbank foreign exchange market, the rupee touched a low of 45.37 a dollar due to mild dollar buying by importers, dealers said. — PTI