BSE benchmark rose to nearly three-week highs on Wednesday with the Sensex jumping 184.38 points to end at 29,320.36 while Nifty index gaining 59.75 points to close at 8,869.10 on hopes of growth-oriented Budget and firming expectations of rate 0cuts after inflation slowed. Besides, global cues were positive as Asian and European stocks ended higher amid speculation Greece will resolve its standoff with creditors, said equity brokers.
The BSE Sensex resumed higher at 29,136.07 and shot up further to 29,411.32 before closing at 29,320.26, showing a gain of 184.38 points or 0.63 per cent. This its highest since closing at 29,681.77 on January 29, 2015. In six days, the BSE blue-chip index has gained 1,092.84 points, or 3.87 per cent. Major Sensex gainers were HDFC (2.96 per cent), Tata Power (2.50 per cent), TCS (1.88 per cent), Tata Motors (1.59 per cent), M&M (1.52 per cent), NTPC (1.32 per cent), ICICI Bank (1.23 per cent) and Wipro (1.09 per cent).