Indian Benchmark Indices shows a hike of 0.5%, after a elusive section.The BSE Sensex closed 186.24 points, or 0.52%, up at 36,254.57, and the Nifty 50 ended 47.55 points, or 0.44%, higher at 10,910.10.
The financial services showed a boost in the market. Bharti Airtel, HDFC, SBI, BPCL, Yes Bank and HDFC Bank were among the top gainers on the key indices.
The BSE midcap unperformed the benchmark and was down 0.08%, while the small cap rose 0.41%. In the sectoral indices, telecom rose most at over 2% followed by telecom, which was up nearly 1.5%. Finance, bankex, oil and gas, IT and tech also showed upward movement.
Metals, auto, basic materials and FMCG declined.Markets are expected to stay volatile in the first six months of 2019 ahead of 2019 general elections in India.
The value of M&M, Tata Steel, Hindalco, India Bulls Housing Finance and ONGC declined on the first da7 of the day.The public markets in Asia, America and Europe still facing a crisis since Tuesday the markets where closed for the year ending and opening function.