Stock Market Closing Bell & Update by ABR Venture

Reliance helped the Sensex close 103 points higher on Wednesday, though IT and HDFC Group stocks capped gains.

Reliance posted biggest single day gain since May 19, 2009, jumped 11 percent to close over Rs 1200-mark.

The 30-share BSE Sensex was up 103.12 points at 28864.71 and the 50-share NSE Nifty rose 19.05 points to 8926.90 but the market breadth was negative.

About 1763 shares declined against 1088 advancing shares on the BSE.

Axis Bank, Coal India and Asian Paints were other gainers while TCS, Infosys, HDFC and HDFC Bank fell 1-2 percent.

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