Market rally continues, Sensex rises 83 points

Mumbai: Bringing up the fifth day of gains, benchmark Sensex rose over 83 points on Wednesday to finish at an over two-week high of 33,561.55, fuelled by infrastructure, PSU and auto stocks.

However, the gains were capped by battered metal and healthcare counters.

Sentiment was bolstered by positive global cues, with Hong Kong stocks breaking the 30,000-barrier for the first time in 10 years as Asian markets extended a global rally following another record close on the Wall Street on strong world growth and rising corporate earnings.

The Sensex opened higher at 33,569.07 and continued its upward march to hit a high of 33,654.53 on unabated buying by participants, particularly domestic investors.

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