Indian equity markets staged a decisive rebound on Wednesday, with benchmark indices closing more than 1% higher as investor sentiment shifted sharply to the upside.
The rally was broad-based, erasing recent losses and signaling renewed confidence among domestic and foreign investors.
The move marks a significant reversal from the modest gains seen earlier in the week, when the Sensex had advanced just 262 points to close at 77,763.
The BSE Sensex surged 888 points to close at 77,654, while the NSE Nifty 50 gained 250 points to settle at 24,250.
The move marks a significant reversal from the modest gains seen earlier in the week, when the Sensex had advanced just 262 points to close at 77,763.91 on Friday.
Information technology stocks and HDFC Bank were among the primary drivers of the session’s strength.
Hindustan Unilever and Infosys emerged as top gainers, reflecting robust demand for large-cap names.