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Markets snap 2-day losing streak; Sensex falls over 80 points

The BSE Sensex fell 82.79 points or 0.23 percent higher at 36,563.88 while the NSE Nifty settled 23.05 points or 0.21 percent up at 10,840.65.

Markets snap 2-day losing streak; Sensex falls over 80 points

New Delhi: Snapping two consequtive days of decline, markets closed higher on Wednesday tracking global cues amidst cooling crude oil prices.

Led by gains in energy, metal and power stocks, the BSE Sensex jumped 82.79 points or 0.23 percent higher at 36,563.88 while the NSE Nifty settled 23.05 points or 0.21 percent up at 10,840.65.

Top gainers in the Sensex pack included Tata Steel, Vedanta, SBI, Tech Mahindra, Bajaj Finance, Asian Paints, M&M, NTPC and PowerGrid, rising up to 3.95 percent. On the other hand, ONGC, Yes Bank, Bharti Airtel, HDFC Bank, Sun Pharma and Maruti fell up to 2.08 percent.

In the previous session on Tuesday, the BSE Sensex tanked 642.22 points or 1.73 percent to close at 36,481.09 while the NSE Nifty dropped 185.90 points or 1.69 percent to settle at 10,817.60.

On September 14, ten unmanned aircraft hit Saudi Arabia`s largest oil fields – Hijra Khurais and Abqaiq. While Hijra Khurais is said to be producing 1.5 million barrels Abqaiq processes seven million barrels of of oil per day.