Sensex rallies 367 points to reclaim 60k; Nifty above 17,900

Bajaj Finserv was the top gainer in the Sensex pack.

Rising for the fourth straight session, equity benchmark Sensex rallied 367 points to reclaim the 60,000-mark on Wednesday, driven by strong gains in banking and financial stocks amid a supportive trend in European equities.

The 30-share index surged 367.22 points or 0.61 % to end at 60,223.15. Similarly, the broader NSE Nifty rose 120 points or 0.67 % to 17,925.25.

Bajaj Finserv was the top gainer in the Sensex pack, rising over 5%, followed by Bajaj Finance, Kotak Bank, Axis Bank, Tata Steel, HDFC Bank, Asian Paints and ICICI Bank.

On the other hand, Tech Mahindra, Infosys, HCL Tech, Wipro and PowerGrid were among the laggards.

Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul ended in the red, while Tokyo was positive.

Stock exchanges in Europe were trading with significant gains in mid-session deals.

Meanwhile, the international oil benchmark Brent crude slipped 0.01% to $79.99 per barrel.

Foreign institutional investors (FIIs) were net buyers in the capital market, buying shares worth ₹ 1,273.86 crore on Tuesday, according to stock exchange data.


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