The market snapped its two-day losing streak, 1.17% higher to stand at 49,008.50, with the Sensex closing 568.38 points. Nifty gained 1.27 % to end at 14,507.30 or reaching 182.40 points.
The benchmark indices ended higher today snapping the two-day losing streak supported by metal, auto and FMCG stocks. At close, the Sensex was up 568.38 points, or 1.17 percent, at 49,008.50 and the Nifty gained 182.40 points, or 1.27 percent, at 14,507.30.
All the sectoral indices ended in the green, with the Nifty metal index rising 3.6 percent. BSE midcap and smallcap indices gained over a percent each.