Stocks made headway on Wednesday as key indices Sensex and Nifty jumped to new peaks on bets that the government would unveil more reforms to boost rural economy.

Asian stocks traded mixed as the final vote on U.S. tax-cut legislation entered a crucial phase.

Benchmark indices ended on closing high on Tuesday as BJP's wins in key state elections continued to boost sentiment, with auto stocks leading the gains, while strength across Asian markets also lent support.

Blue chips benefited after PM Narendra Modi’s Bharatiya Janata Party sealed victories in his home state of Gujarat and Himachal Pradesh, raising hopes of continued reforms.

Key indices dramatically recovered as the Bhartiya Janta Party took lead in the state of Gujarat. The counting for the two phase Gujarat Assembly elections has begun and the results are expected to come out by afternoon.

Gujarat has 26 parliamentary constituencies and 182 assembly constituencies.

Mumbai: India’s benchmark indices rallied on Friday after most exit polls suggested a clear victory for the Bharatiya Janata Party (BJP) in both Himachal Pradesh and Gujarat elections.

The Sensex ended at 33,462.97 points, up 216.27 points or 0.65%, while the 50-share Nifty index was up 81.15 points or 0.79% closing at 10,333.25 points.

NEW DELHI: The equity markets on Friday despite heavy selling in the last hour of trading, managed to close with solid gains.

30-share BSE Sensex closed on 33,462.97, up by 216.27 points while the broader 50-share NSE Nifty gained 81.15 points to finish on 10,333.25. Both the indices gained 0.70 per cent during the day.

Key stock barometer Sensex fell 105 points today after disappointing economic data forced investors to tighten their exposure.

Surging oil prices and a sluggish trend in Asian markets brought pain, too.

Sensex and Nifty fell more than 0.4% in the wee hours of trades on Tuesday after starting off on a weak note as investors turned cautious ahead of key macroeconomic data which is lined up for later today. Among the macro data, Inflation data for the month of November is due for later today evening along with Industrial and manufacturing productions for the month of October and current account data.

Benchmark BSE Sensex advanced by 195 points in early session on Monday on continuous buying by domestic institutional investors amid strong global leads.

The NSE Nifty also went past the 10,300-mark.

The BSE benchmark Sensex rallied a little more than 300 points for a second day, buoyed by a sharp rally in global equities and expectation of a Bharatiya Janata Party (BJP) victory in the Gujarat election.

The election in Prime Minister Narendra Modi’s home state is seen as a key test for his party, ahead of the general election in 2019. Market players see a BJP win as positive, for continuation in policymaking and reform.

NEW DELHI: The markets on Friday took off from the launchpad of yesterday's positive sentiment as Sensex gained almost 200 points in initial trade.

30-share BSE Sensex gained 84.99 points to start trading on 33,034.20 and 50-share NSE Nifty opened on 10,198.45, up by 31.75 points. In early trading, both indices were gaining more than half a per cent.

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