Mumbai, Jan. 28 -- Indian stock indices rose on Wednesday, driven by optimism over the India-EU Free Trade Agreement.

At the time of closing, Sensex was up 487.20 points or 0.60 per cent at 82,344.68. Nifty was up 167.35 points or 0.66 per cent at 25,342.75.

The sectors which gained included media, metal, energy, oil and gas, realty, PSU Bank among others while FMCG, Consumer Durables, pharma ended lower.

Indian rupee ended lower at 91.79 per dollar versus previous close of 91.72.

India and the European Union finalised a historic Free Trade Agreement on Tuesday.

Vinod Nair, Head of Research, Geojit Investments Limited said, "Domestic markets displayed continued optimism, supported by the India-EU FTA. Broader indices outperformed, dr...