<p>Domestic equities gained for the sixth straight session on Wednesday, amid a rally in global stocks, after the people of United States of America (USA) selected Barack Obama as their President for the next four years again. <br /><br /></p>.<p>The 30-share Sensex at BSE ended up 85 points at 18,902, while the 50-unit Nifty at NSE ended up 36 points at 5,760. In the broader markets, the BSE midcap and the BSE smallcap advanced 0.7-0.8 percent outperforming the bellwether index of BSE, up 0.4 percent.<br /><br />“With the re-election of Barack Obama as US President, the period of uncertainty and anxiety on this issue has ended. The gains in the Nifty is a reflection of the optimism that quantitative easing measures would continue under Obama’s regime,” said India Infoline's Research Head Amar Ambani. <br /><br />The market sentiment was boosted by initial data showing that foreign institutional investors (FIIs) remained buyers of domestic shares on Tuesday. FIIs bought shares worth a net Rs 174.62 crore on Tuesday, as per data from the stock exchanges.<br /><br />The market breadth, indicating the overall health of the market, was positive with as many as 1,672 shares on BSE rose and 1,205 shares fell while a total of 131 shares remained static. The total turnover on BSE amounted to Rs 2316 crore, higher than Rs 2269 crore on Tuesday.</p>
<p>Domestic equities gained for the sixth straight session on Wednesday, amid a rally in global stocks, after the people of United States of America (USA) selected Barack Obama as their President for the next four years again. <br /><br /></p>.<p>The 30-share Sensex at BSE ended up 85 points at 18,902, while the 50-unit Nifty at NSE ended up 36 points at 5,760. In the broader markets, the BSE midcap and the BSE smallcap advanced 0.7-0.8 percent outperforming the bellwether index of BSE, up 0.4 percent.<br /><br />“With the re-election of Barack Obama as US President, the period of uncertainty and anxiety on this issue has ended. The gains in the Nifty is a reflection of the optimism that quantitative easing measures would continue under Obama’s regime,” said India Infoline's Research Head Amar Ambani. <br /><br />The market sentiment was boosted by initial data showing that foreign institutional investors (FIIs) remained buyers of domestic shares on Tuesday. FIIs bought shares worth a net Rs 174.62 crore on Tuesday, as per data from the stock exchanges.<br /><br />The market breadth, indicating the overall health of the market, was positive with as many as 1,672 shares on BSE rose and 1,205 shares fell while a total of 131 shares remained static. The total turnover on BSE amounted to Rs 2316 crore, higher than Rs 2269 crore on Tuesday.</p>
