Markets resume upward trend

Equity indices found firmer ground on Wednesday, led by IT, finance and auto stocks, as investors tracked corporate results amid mixed cues from global markets.

After swinging over 330 points in a choppy session, the 30-share BSE Sensex ended 94.99 points, or 0.24 per cent, higher at 39,058.83. It hit an intra-day high of 39,196.67 and a low of 38,866.08.

The broader NSE Nifty too advanced 15.75 points, or 0.14 per cent, to settle at 11,604.10.

HCL Tech was the top gainer in the Sensex pack, rising 2.93 per cent, ahead of its quarterly results. Maruti Suzuki, SBI, HDFC and Hero MotoCorp gained up to 2.55 per cent.

Infosys rebounded 1.16 per cent after a massive sell-off in the previous session following a whistleblower complaint.