Domestic benchmark indices closed modestly higher on Wednesday, supported by gains in banking and auto counters, although weakness in IT and FMCG shares limited the market’s upside. The Nifty 50 advanced 41 points, or 0.17%, to end at 23,659, while the BSE Sensex climbed 117.54 points, or 0.16%, to settle at 75,318.39.
Meanwhile, the volatility gauge India VIX ended at 18.44, down by 1.25% from the last closing.