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The
benchmark indices settled over 1 per cent higher on Wednesday aided by a firm
rupee against the dollar.The S&P BSE Sensex ended at 34,761, up 461 points,
while the broader Nifty50 index settled at 10,460, up 159 points.During the
day, the rupee traded on a firm note having risen to 74.05 against the
greenback in intra-day trade. The Indian currency had opened 24 paise firm at
74.14 earlier in the day after ending at a record low of 74.39 per dollar on
Tuesday.Among the sectoral indices, Nifty Bank index rose 3.2 per cent led by a
rise in Axis Bank, State Bank of India and ICICI Bank. The Nifty Auto index,
too, rose 2.6 per cent higher led by Maruti Suzuki India. However, the Nifty IT
index slipped 1.5 per cent weighed by Infosys and Tata Consultancy Services.In
the broader markets, the S&P BSE MidCap index rose 4.2 per cent to
settle at 14283 while the S&P BSE SmallCap rose 3.7 per cent to 13998.