Benchmark indices Sensex and Nifty were trading higher on Wednesday as easing crude oil prices lifted market sentiment after U.S. President Donald Trump indicated that negotiations with Iran were moving closer to a possible resolution to the conflict.

At 10:36 hours, the 30-share benchmark index was trading at 77266.59 up by 248.8 points or by 0.32 % and then NSE Nifty was at 24141.85 up by 109.05 points or by 0.45 %.

Sensex touched intraday high of 77675.01 and intraday low of 77153.94 The NSE Nifty touched intraday high of 24250.85 and intraday low of 24096.5

The top gainers of the BSE Sensex pack were InterGlobe Aviation Ltd. (Rs. 4379.55,+3.30%), Mahindra & Mahindra Ltd. (Rs. 3304.05,+2.88%), Trent Ltd. (Rs. 4244.00,+2.73%), Bajaj Finance Ltd. (Rs. 973.20,+1.54%), Bharti Airtel Ltd. (Rs. 1829.70,+1.24%), among others.

The top losers of the BSE Sensex pack were Larsen & Toubro Ltd. (Rs. 3940.65,-2.85%), Hindustan Unilever Ltd. (Rs. 2291.55,-1.58%), Titan Company Ltd. (Rs. 4327.00,-1.03%), Reliance Industries Ltd. (Rs. 1451.35,-0.87%), Power Grid Corporation of India Ltd. (Rs. 316.70,-0.81%), among others.

Auto index was at 58656.47 up by 932.52 points or by 1.62%. Mahindra & Mahindra Ltd. (Rs. 3304.05,+2.88%), Samvardhana Motherson International Ltd. (Rs. 123.35,+2.62%), Bajaj Auto Ltd. (Rs. 10273.00,+2.29%), Hero MotoCorp Ltd. (Rs. 5224.60,+2.18%), Tata Motors Passenger Vehicles Ltd. (Rs. 346.25,+1.78%),.

Power index was at 8197.94 down by -61.05 points or by -0.74%. Siemens Energy India Ltd. (Rs. 3187.35,-3.47%), Hitachi Energy India Ltd. (Rs. 33344.95,-2.61%), ABB India Ltd. (Rs. 7207.90,-1.66%), Adani Power Ltd. (Rs. 226.40,-1.52%), Suzlon Energy Ltd. (Rs. 54.13,-1.40%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4004 , shares advanced were 2473 while 1323 shares declined and 208 were unchanged.