Closing Bell: Sensex Climbs 353 Points, Nifty Tops at 11,000
Photo used for representation. 
Photo used for representation. (Photo: AP)

Closing Bell: Sensex Climbs 353 Points, Nifty Tops at 11,000

Sensex climbed 353 points and Nifty topped at 11,000 as markets closed on Wednesday, 14 August.

Earlier in the day, equity markets opened in the green with both Sensex and Nifty registering gains in the early trade.

30-share BSE Sensex gained in excess of 100 points to open at 37,233.50, while the broader 50-share NSE Nifty too went up by almost half a percent to go past the 10,950-mark.

On Tuesday, Sensex crashed 624 points, he steepest single-day fall in over a month, dragged by losses across the board as long-lasting trade war, Hong Kong protests and Argentine currency crash further spooked investors.

Apart from global concerns, investors remained jittery over domestic macro challenges amid slowing down of the economy and falling consumer demand in various sectors.

On Wednesday morning, all sectors with the exception of Nifty Pharma, Nifty FMCG and Nifty IT, were in the green.

Nifty Metal was up almost 1.50 percent while Nifty Pharma was down more than 3 percent in early trade.

Tata Steel, Yes Bank and Bajaj Finance were among the major gainers while Sun Pharma, TCS and HCL tech were losing the most.

(The Quint is now available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

Follow our Business section for more stories.