New Delhi, Feb 13: The BSE Sensex rose for a second consecutive session on Wednesday in a cautious market. The gains comes after an eight-session losing streak that had sent the benchmark Sensex to its lowest level since December 31, 2012.
The Sensex ended the day up 47.04 points, or 0.24 per cent, at 19,608.08. The broader Nifty rose 0.18 per cent, or 10.45 points, to end at 5,932.95, closing above the psychologically important 5,900 level for a second day.
Earlier during the day, shares in Tata Consultancy Services hit a record high of Rs. 1,441.65 on the NSE after industry body Nasscom forecast that software exports would grow in the next fiscal year.
Further, realty major Unitech after rising in the early trade by 7 per cent ended on a flat note at Rs. 28.75. The stock had shed 18 per cent on Tuesday. DB Realty shares plunged 17.57 per cent to close at Rs. 83.25.
Shares in Tata Motors gained 2.1 percent after luxury unit Jaguar Land Rover (JLR) posted a surge in both wholesale and retail sales last month. Further, Oil and Natural Gas Corp rose 1.1 per cent, clocking a second day of gains after quarterly earnings beat estimates on Monday.
Motherson Sumi Systems Ltd also gained 6.7 per cent, a day after posting a recovery in quarterly earnings.
Markets are keenly watching the WPI inflation data, which will be released tomorrow.