Sensex rises 323 pts, Nifty rallies for 6th day

Benchmark Sensex rose by 323 points while Nifty closed higher for the sixth consecutive day Wednesday following buying in IT, select financial and capital goods shares amid renewed optimism over a successful conclusion of India-US trade talks.

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The 30-share BSE Sensex climbed 323.83 points or 0.40 per cent to settle at 81,425.15, registering its third straight day of gain. During the day, it jumped 542.56 points or 0.66 per cent to 81,643.88.

Rising for the sixth consecutive day, the 50-share NSE Nifty rallied 104.50 points or 0.42 per cent to close at 24,973.10.

A rally in IT and capital goods shares and hopes that the US Federal Reserve will cut interest rates next week also instilled optimism in the markets, analysts said.