Despite positive global equity markets, selling pressure on telecom, IT, and tech sectors limited the gains of Indian benchmark indices Sensex and Nifty on Wednesday. The Sensex rose 114.49 points to settle at 73,852.94, while the Nifty advanced 34.40 points to close at 22,402.40. Metal and commodity stocks witnessed buying interest, while JSW Steel, Tata Steel, and Power Grid emerged as the top gainers from the Sensex basket. However, selling pressure on TCS, Tech Mahindra, and Maruti capped the upside. Asian markets ended mostly in the green, and European markets traded with gains, but Wall Street settled with positive returns on Tuesday. Foreign institutional investors offloaded equities worth Rs 3,044.54 crore on Tuesday.