Sensex rises 157 points;

Mumbai, Jun 26 The BSE Sensex finished 157 points higher Wednesday, driven by gains in metal, power and financial stocks in front of June subsidiaries expiry.

Extending its gains for the second session, the 30-share index settled 157.14 points, or 0.40 percent, higher at 39,592.08. The file hit an intra-day high of 39,674.22 and a low of 39,319.64.

The broader NSE Nifty also climbed 51.10 points, or 0.43 percent, to complete at 11,847.55. During the day, the file contacted a high of 11,871.85 and a low of 11,757.55.

Vedanta was the greatest gainer in the Sensex pack, rising 4.40 percent. PowerGrid, Sun Pharma, Yes Bank, Tata Steel, HDFC Bank, Bajaj Finance, ICICI Bank and Bajaj Auto also wound up to 4.12 percent higher.

Then again, Infosys, IndusInd Bank, Tech Mahindra, Bharti Airtel, Maruti, TCS and HDFC were among the top washouts, shedding up to 1.12 percent.

Purchasing interest was found in metal, control, human services, capital merchandise and money related counters in front of the expiry of June prospects and alternatives (F&O) contracts planned for Thursday, merchants said.

Domestic investors are also hoping for positive news on the trade front in the backdrop of US Secretary of State Mike Pompeo holding talks with Prime Minister Narendra Modi in New Delhi, dealers included.

According to experts, equities witnessed gains after positive momentum was triggered in the residential stock market reports of quick storm advance in the nation.

On the currency front, the Indian rupee was appreciated 22 paise to 69.13 against the US dollar intra-day.

Brent crude futures, the global oil benchmark, rose 1.17 percent to USD 65.03 per barrel.

Globally, while bourses in Shanghai, Hong Kong, Tokyo and Seoul finished on a blended note, value advertises in Europe were exchanging the green in early deals.