Mumbai, Apr 29 (BNP): Indian equity markets closed higher on Wednesday, though they gave up part of their intraday gains due to a sharp rise in global crude oil prices and weak global cues.
The Sensex rose 609.45 points to close at 77,496.36, while the Nifty gained 181.95 points to end at 24,177.65.
Market sentiment turned cautious after Brent crude surged over 3 per cent amid geopolitical concerns and supply uncertainty. Despite this, select heavyweights such as ITC, Tech Mahindra, and Maruti Suzuki supported the indices.
Broader markets showed mixed performance, with small-cap stocks outperforming while mid-caps ended slightly lower. Sectorally, FMCG and realty stocks led gains, while construction and media sectors underperformed.
Analysts said rising crude prices and global developments are likely to keep markets volatile in the near term, with investors also watching upcoming US Federal Reserve policy signals.
