Mumbai
Indian equity benchmarks ended higher on the Wednesday but surrendered a large portion of their intra-day gains as a sharp rise in global crude oil prices weighed on investor sentiment. The Nifty closed at 24,177.65, up 0.76 per cent or 181.95 points, while the Sensex settled at 77,496.36, gaining 0.79 per cent or 609.45 points. From a technical standpoint, experts said that on the upside, 24,200 remains the first resistance. “On the downside, a breach of the 24,000–24,100 support band could weaken the structure in the short term, with 23,900 acting as the next support,” an analyst stated.
