Markets end in green, Sensex jumps 489 points to close at 39,054.68

After two days of consecutive negative close, domestic stock markets on Wednesday closed in green with BSE Sensex rallying 489.80 points to finish at 39,054.68, Nifty, on the other hand, jumped 150.20 points to close at 11,726.15.

The benchmark BSE Sensex jumped over 100 points in early trade on Wednesday tracking record gains on Wall Street amid easing crude prices.

After hitting an intra-day high of 38,701.52, the 30-share index was trading 75.37 points or 0.20 per cent higher at 38,640.25. The NSE Nifty too rose 21.15 points or 0.18 per cent to 11,597.10.

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According to traders, market sentiment turned positive as investor took positive cues from US equities and easing crude oil prices.

The rupee, however, depreciated 15 paise to 69.77 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, were trading 0.50 per cent lower at $74.14 per barrel today.

On Wall Street, the S&P 500 index and the Nasdaq ended at record highs on Tuesday amid a slew of better-than-expected earnings reports.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade.