Sensex up 118 pts, Nifty above 23,650 amid volatility

The domestic share market indices ended marginally higher in a volatile trading session on Wednesday, supported by late buying interest and easing crude oil prices below the $110-per-barrel mark. Gains in heavyweight Reliance Industries further lifted overall market sentiment.At close The Sensex gained 117.54 points or 0.16 percent to close at 75,318.39, while the Nifty rose 41 points or 0.17 percent to settle at 23,659.00.
Reliance Industries, Hindalco, Bajaj Auto, M&M and Bajaj Finserv were the top gainers on the Nifty, while losers included Bharat Electronics, Eternal, HDFC Bank and ICICI Bank.On the sectoral front the Nifty Oil & Gas and the Nifty Auto outperformed, while the Nifty Media and the Nifty FMCG declined the most.
Broader markets outperformed benchmark indices on Wednesday. The Nifty Midcap index rose 0.49 percent and the Nifty Smallcap ended 0.04 percent higher.
Rupee Close: 
On 20 May'26,the Indian rupee depreciated 13 paise to close at a fresh lifetime low of 96.83  against the U.S. dollar on Wednesday as elevated global crude prices amid the West Asia crisis stoked inflation worries.
Trading Guide: 
Market experts recommended five shares to buy on Wednesday: Vishnu Chemicals, Deepak Fertilisers & Petrochemicals Corporation, Thyrocare Technologies, Power Mech Projects, and Kirloskar Pneumatic Company.

(Business Correspondent)