Stock markets advance for third day; Sensex goes up by 221 points

Erasing its early losses, the 30-share BSE Sensex climbed 221.69 points or 0.27 per cent to settle at 82,566.37. The 50-share NSE Nifty edged higher by 76.15 points or 0.30 per cent to end at 25,418.90. The broader index fell 182.95 points or 0.72 per cent to a low of 25,159.80 in early trade. In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index ended higher. On Wednesday, the Sensex jumped 487.20 points or 0.60 per cent to settle at 82,344.68.