sensex today: Sensex zooms 1,148 points as banking, financial stocks surge; Nifty ends near 15,250 – Times of India

sensex today:  Sensex zooms 1,148 points as banking, financial stocks surge; Nifty ends near 15,250 - Times of India

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NEW DELHI: Equity indices continued to surge for third straight session on Wednesday with the benchmark BSE sensex rising over 1,100 points as banking and financial stocks jumped.
The 30-share BSE index closed 1,148 points or 2.28 per cent higher at 51,445; while the broader NSE Nifty soared 327 points or 2.19 per cent to settle at 15,246.
Top gainers in the sensex pack included Bajaj Finserv, Reliance Industries, Bajaj Finance, HDFC, ICICI Bank and Axis Bank with their shares up as much as 4.87 per cent.
While Maruti Suzuki India, Bajaj Auto and Mahindra & Mahindra were the only shares to finish in red.
On the NSE platform, except for Nifty Auto, all other sub-indices closed in green with Nifty Metal outperforming the index by rising as much as 3.34 per cent.
Domestic markets have gained more than 1 per cent everyday this week, following an expansion of the country’s vaccination drive and upbeat domestic economic growth, while easing bond yields also boosted risk appetite.
“The bias is still positive. The way the vaccine drive is progressing is definitely a comforting factor,” Ajit Mishra, vice president, research at Religare Broking told news agency Reuters.
The government had said on Tuesday there were plenty of Covid-19 vaccines for the country even though it has sent quantities abroad.
Meanwhile, foreign investors bought equities worth a net Rs 2,223.16 crore in Indian capital markets on Tuesday, exchange data showed.
(With inputs from agencies)

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