Sensex, Nifty Rise For Third Day; TCS Jumps Over 1%

The BSE Sensex rose 103 points to close at 35,319 on Wednesday while the NSE Nifty settled 23 points higher at 10,741. With that, the key indices ended with gains for a third straight session. Gains in IT stocks led by TCS offset losses in pharma, power and PSU banking stocks. Oil marketing companies Bharat Petroleum and Hindustan Petroleum fell around 1-2 per cent, reacting to rising global crude oil. Indian Oil, which had fallen earlier in the session, closed 0.3 per cent higher. Twenty seven stocks on the Nifty 50 finished in the positive zone. Tata group stocks Tata Motors, Titan and Tata Steel were the top gainers on the Nifty 50, finishing the day around 1-3 per cent higher.