Share/Stock Market Highlights: The benchmark equity market indices on the BSE and National Stock Exchange (NSE) snapped out of their two-day losing streak and settled over 0.5 per cent higher on Wednesday ahead of the expiry of January-series futures and options (F&O) contracts.
The S&P BSE Sensex climbed 231.80 points (0.57 per cent) to end at 41,198.66, while the broader Nifty 50 settled at 12,129.50, up 73.70 points (0.61 per cent).
Among the sectoral indices on NSE, the Nifty FMCG index was the best performer of the day, settling 1.29 per cent higher led by Marico, Nestle India and ITC. It was followed by the Nifty Metal index which rose 0.89 per cent led by gains in MOIL and JSW Steel.
In the broader market, the S&P BSE MidCap index ended at 15,754.41, up 76.74 points (0.49 per cent), while the S&P BSE SmallCap index settled at 14,840.69, up 18.41 points (0.12 per cent).
Going ahead, investors will look forward to the upcoming Union Budget 2020 on Saturday, February 1 for major cues in the market.
(with inputs from agencies)