Benchmark stock market indices saw a brief respite on Wednesday session as they closed higher, fuelled by a rise in IT sector stocks which were helped amid anticipation of US inflation data.
The domestic equity markets saw a positive close on Tuesday, with the Sensex rising 170 points to 76,500 and the Nifty gaining 90 points to end at 23,176.
Equity benchmark indices Sensex and Nifty buckled under selling pressure to settle nearly 1 per cent lower on Friday as investors pared exposure to bank and IT stocks ahead of the earnings season starting next week.
Indian equities carried on the winning steak for the second consecutive session on Thursday (January 2), with the Sensex closing 1,436 points higher at 79,944 and the Nifty by 446 points to 24,189.