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Markets extend rally for 3rd straight day, Sensex jumps 216 points

The BSE Sensex jumped 216.51 points or 0.58 percent to 37,752.17.

Markets extend rally for 3rd straight day, Sensex jumps 216 points

New Delhi: Markets extended rally for 3rd straight day on Wednesday amid continued buying by foreign investors.

The BSE Sensex jumped 216.51 points or 0.58 percent to 37,752.17 while the NSE Nifty edged higher by 40.50 points or 0.36 percent to 11,341.70.

Major gainers in the Sensex pack were Indusind Bk, Yes Bank, Bajaj Finance, HDFC Bank, SBI, HCL, Reliance, HDFC, ICICI Bank, HUL, Bajaj-Auto and Infosys, rising by upto 4.15 points.

On the other hand Axis Bank, L&T, Powergrid, Maruti, NTPC, Tata Motors, ONGC, CIL, Tata steel, Sun Pharma, Vedanta and Bharti Airtel ended in red, falling by upto 4.08 percent.

On a net basis, foreign institutional investors (FIIs) bought shares worth a net of Rs 2,477.72 crore  while domestic institutional investors (DIIs) were net sellers to the tune of Rs 990.48 crore, provisional data available with BSE showed.

Among sectoral indices BSE bankex, finance, realty and energy realty indices surged up to 1.42 per cent. On the other hand BSE telecom, metal, power, teck and healthcare indices ended 2.60 percent down.