Benchmark indices continued their upward march for the third day operating on Wednesday, with the Sensex leaping practically 345 factors in early commerce, amid rally within the US markets and shopping for in index majors Infosys and HDFC Bank.
The 30-share BSE benchmark was buying and selling 344.71 factors larger at 54,663.18. The broader NSE Nifty gained 101.15 factors to 16,360.45.
From the Sensex companies, Axis Bank, Tech Mahindra, Bajaj Finance, ExtremelyTech Cement, Infosys, Wipro and HDFC Bank had been the main gainers in early offers.
In distinction, Power Grid, NTPC and Tata Steel had been the laggards.
Markets in Asia had been buying and selling on a blended observe, with Seoul and Tokyo quoting within the inexperienced, whereas Shanghai and Hong Kong traded decrease.
Stock exchanges within the US had ended considerably larger on Tuesday.
In the earlier commerce, the BSE benchmark zoomed 1,344.63 factors or 2.54 per cent to settle at 54,318.47. The NSE Nifty rallied 417 factors or 2.63 per cent to complete at 16,259.30 factors.
Meanwhile, worldwide oil benchmark Brent crude gained 0.4 per cent to USD 112.35 per barrel.
Foreign institutional buyers continued to dump shares value Rs 2,192.44 crore on Tuesday, in line with inventory change information.