After the dismal trading on Tuesday, the market showed a bit of enthuasism in the auspicious Muhurat trading for Diwali. The Sensex ended at 25866.95, up 123.69 or 0.5 percent while the Nifty closed at 7825, up 41 points or 0.5 percent.
Axis Bank, Sun Pharma, L&T, Tata Steel and BHEL were top gainers while Bharti, Hero, ITC and ONGC were losers.
Gold eased by 0.25 percent to Rs 25,517 per ten grams in special Muhurat trading on the Multi Commodity Exchange on Wednesday as participants booked profits to mark the start of Samvat 2072.
Besides, a weak trend overseas put pressure on the prices. Market participants said profit-booking by speculators, who opened their new accounts on the first session of Samvat year 2072 and a weak trend overseas, mainly influenced gold prices at futures trade here.
Earlier, the market began Samvat 2072 with zeal and in high spirits celebrating Diwali. The Sensex was up 177.47 points or 0.7 percent at 25920.73 and the Nifty was up 46 points or 0.6 percent at 7830.40.
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