Indian equity benchmark -- Nifty ended higher with gain of over 0.75 per cent on Wednesday, driven by strong Q4 earnings and valued buying following recent correction. Index began the session on a positive note following positive cues from other Asian markets. Soon, index added more gain, driven by FMCG, Realty and Auto stocks. Sentiments were upbeat with industry body EEPC India's Chairman Pankaj Chadha stating that India's engineering exports to New Zealand are poised to double over the next five years from $140.5 million to $280-300 million, following the signing of a free trade agreement (FTA) that grants zero-duty market access to all Indian goods. Further, there were encouragements in market as Commerce and Industry Minister Piyush Goyal said that he will visit Canada next month to speed up negotiations for the proposed free trade agreement (FTA). On March 02, India and Canada launched negotiations for the agreement with an aim to finalise the pact soon. However, in second half of the session, index trimmed some of its gain on account of profit taking but continued its trade in green terrain till the end of session.
