<p>Tracking firm global cues, the benchmark BSE Sensex today closed at over two-month high of 27,470.81 by surging over 183 points -- its fourth straight weekly gain -- after ECB signalled more stimulus by the end of this year.<br /><br /></p>.<p>The index rising for the first time in three days also got a leg-up from the rupee, which appreciated against the dollar.<br /><br />A strong closing at Asian markets and a higher opening in Europe after ECB chief Mario Draghi indicated that more rate cuts are on the table to prop up the euro zone economy buoyed sentiment here, brokers said.<br /><br />The 30-share Sensex scaled the day's high of 27,555.06, but took a hit from profit-booking in select blue-chips as it finally closed up 183.15 points, or 0.67 per cent, at 27,470.81, a level last seen on August 20.<br /><br />The gauge had lost 77.26 points in the previous two sessions. Stock markets were closed yesterday on account of Dussehra.<br /><br />The broader NSE Nifty after regaining the 8,300-level further rose to a high of 8,328.10, before settling at 8,295.45, a gain of 43.75 points, or 0.53 per cent.<br /><br />On weekly basis, both Sensex and Nifty climbed 256.21 points (0.94%) and 57.30 points (0.69%), respectively, to log their fourth straight weekly rise.<br /><br />ITC and Axis Bank emerged as top gainers in the Sensex pack by surging 2.81 per cent each.<br /><br />The rally in the benchmark was also fuelled by gains in GAIL, NTPC, HDFC and ICICI Bank.<br />Of the 30 Sensex constituents, 20 ended with gains while 10, including Bharti Airtel, Vedanta Ltd and L&T, lost.<br /><br />Among BSE sectoral indices, banking gained most jumping 1.30 per cent, followed by FMCG oil & gas and PSU.<br /><br />The broader markets, however, were down as investors locked in gains in recent gainers. The BSE small-cap and the mid-cap indices fell 0.37 per cent and 0.26 per cent, respectively.<br /><br />Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net Rs 48.33 crore on Wednesday, as per provisional data.<br /><br />Among other Asian markets, China, Hong Kong and Japan indices firmed up to 2.1 per cent. Europe was also in a better form in early trade.</p>
<p>Tracking firm global cues, the benchmark BSE Sensex today closed at over two-month high of 27,470.81 by surging over 183 points -- its fourth straight weekly gain -- after ECB signalled more stimulus by the end of this year.<br /><br /></p>.<p>The index rising for the first time in three days also got a leg-up from the rupee, which appreciated against the dollar.<br /><br />A strong closing at Asian markets and a higher opening in Europe after ECB chief Mario Draghi indicated that more rate cuts are on the table to prop up the euro zone economy buoyed sentiment here, brokers said.<br /><br />The 30-share Sensex scaled the day's high of 27,555.06, but took a hit from profit-booking in select blue-chips as it finally closed up 183.15 points, or 0.67 per cent, at 27,470.81, a level last seen on August 20.<br /><br />The gauge had lost 77.26 points in the previous two sessions. Stock markets were closed yesterday on account of Dussehra.<br /><br />The broader NSE Nifty after regaining the 8,300-level further rose to a high of 8,328.10, before settling at 8,295.45, a gain of 43.75 points, or 0.53 per cent.<br /><br />On weekly basis, both Sensex and Nifty climbed 256.21 points (0.94%) and 57.30 points (0.69%), respectively, to log their fourth straight weekly rise.<br /><br />ITC and Axis Bank emerged as top gainers in the Sensex pack by surging 2.81 per cent each.<br /><br />The rally in the benchmark was also fuelled by gains in GAIL, NTPC, HDFC and ICICI Bank.<br />Of the 30 Sensex constituents, 20 ended with gains while 10, including Bharti Airtel, Vedanta Ltd and L&T, lost.<br /><br />Among BSE sectoral indices, banking gained most jumping 1.30 per cent, followed by FMCG oil & gas and PSU.<br /><br />The broader markets, however, were down as investors locked in gains in recent gainers. The BSE small-cap and the mid-cap indices fell 0.37 per cent and 0.26 per cent, respectively.<br /><br />Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net Rs 48.33 crore on Wednesday, as per provisional data.<br /><br />Among other Asian markets, China, Hong Kong and Japan indices firmed up to 2.1 per cent. Europe was also in a better form in early trade.</p>