Mumbai, Jan 28 || The Indian equity markets posted strong gains on Wednesday, extending gains from the previous session after the conclusion of a long-awaited trade deal with the European Union (EU) raised hopes of an economic boost.
As of 9.30 am, Sensex added 545 points, or 0.67 per cent, to reach 82,402, and Nifty gained 183 points, or 0.73 per cent to 25,359.
Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 gained 0.77 per cent, and the Nifty Smallcap 100 surged 1.17 per cent.
All sectoral indices were trading in the green, except FMCG and PSU bank which posted mild losses. Nifty oil and gas was the top gainer up 2.42 per cent as global oil prices surged. Brent touched $67, levels last seen in October.
Realty, metal and media were also notable gainers, up 1.54 per cent, 1.17 per cent and 1.45 per cent, respectively.
Immediate support lies at 25,000 zone followed by 24,800, while resistance lied at 25,300–25,400 zone, market watchers said.