Share Market Update: Sensex rises over 200 pts; RIL soars over 7 pc

Mumbai: Equity benchmark Sensex rose over 200 points in opening trade on Wednesday lifted by strong gains in index heavyweight Reliance Industries even as weak cues from global markets weighed on overall market sentiment.

After hitting a high of 30,856.14, the 30-share index was trading 130.78 points or 0.43 per cent higher at 30,767.49.

Also Read | Sensex, Nifty rise on sustained foreign fund inflow

Similarly, the NSE Nifty advanced 17.50 points, or 0.19 per cent, to 8,998.95. In the previous session, the BSE barometer ended 1,011.29 points or 3.20 per cent lower at 30,636.71, while the Nifty plummeted 280.40 points, or 3.03 per cent, to 8,981.45.

Also Read | Sensex soars over 400 points; Nifty reclaims 11,500-mark

BSE midcap and smallcap indices were trading in the red. The death toll due to the pandemic rose to 640, while the number of cases in the country climbed to 19,984.

Meanwhile, the rout in global oil prices continued, with Brent crude futures plunging 13.30 per cent to USD 16.76 per barrel.(PTI)

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