The stock market on Wednesday extended the gain for the second consecutive session amid buying in IT, metal, power and realty names.

Amid mixed global markets, indices opened on a strong note and witnessed a rangebound movement throughout the session.

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At close, the Sensex was up 224.45 points or 0.29% at 76,724.08, and the Nifty was up 37.15 points or 0.16% at 23,213.20.

Heavyweights such as Reliance Industries, State Bank of India, and Kotak Mahindra Bank supported the frontline indices.

On Nifty, the top gainers were Trent (3.72%), NTPC (3.53%), Power Grid Corporation of India (2.89%), Kotak Mahindra Bank (2.23%), Maruti Suzuki India (1.76%) among others.

On the losing side were Mahindra & Mahindra (2.93%), Bajaj Finserv (2.44%), Axis Bank (2.36%), Bajaj Finance (2.15%), Shriram Finance (2%).

BSE Midcap index ended flat, while Smallcap index was up 0.3%. Nifty Smallcap 100 index rose by 0.56% to 17,353, while the Nifty Midcap 100 index concluded the day with a gain of 0.41%, closing at 53,899.

Among the sectors, Nifty Realty emerged as the top performer with a rally of 1.39 per cent.

Nifty Media emerged as the worst-performing sectoral index, losing 1.36%, followed by Nifty Pharma, Nifty Auto, and Nifty FMCG, which ended with losses of 1.04%, 0.53%, and 0.14%, respectively.

In the Nifty Realty, Phoenix Mills emerged as the top gainer rising 5.5% followed by Raymond, Mahindra Lifespace, Brigade Enterprises, DLF, and Oberoi Realty, all ending the session with gains between 1.5% and 4.6%.

In the energy sector, Power Grid, NTPC, and Coal India emerging as top performers, recording gains of up to 4%.

Other prominent gainers in the power sector included Adani Green Energy, NHPC, Tata Power, and several others, all registering gains between 1% and 3%.

Shoppers Stop shares surged nearly 6% in early trade, driven by a strong Q3 FY25 performance.

Indian Railway Finance Corporation Ltd (IRFC) shares gained 4%, buoyed by successful bid to provide financing for the development of the Banhardih coal block in Jharkhand.

Kalyan Jewellers India’s stock hit its lower circuit of 10%, leading the stock to crashed 32% over the last nine trading sessions.

Axis Bank shares crashed three percent after a block deal including 33.2 lakh shares exchanged hands on the bourses while the tech giant, Wipro shares fell 0.38%, ahead of its third-quarter results for Q3FY25.