Frontline indices the Sensex and the Nifty 50 resumed their upward march on Wednesday, November 19, with gains led by select IT and banking heavyweights amid mixed global cues.

The Sensex closed at 85,186.47, rising 513 points, or 0.61%, while the Nifty 50 clocked a gain of 143 points, or 0.55%, to settle at 26,052.65. The mid and small-cap segments ended mixed; the BSE Midcap index rose 0.34%, while the Smallcap index fell 0.39%.

The overall market capitalisation of BSE-listed firms rose to ₹475.6 lakh crore from ₹474.6 lakh crore in the previous session, making investors richer by about ₹1 lakh crore in a single session.

Market benchmarks rose amid growing optimism over a potential India-US trade deal. Commerce and Industry Minister Piyush Goyal on Tuesday signalled that a deal between the two countries could be reached soon, stating that the India-US partnership remains strong and is expanding across various sectors.