Domestic share markets rebounded after initial losses on Wednesday tracking Asian equities, which climbed to the highest level in two weeks. The S&P BSE Sensex index rose 368.74 points – or 0.93 per cent – to touch 39,943.31 at the strongest level recorded during the session, and the broader NSE Nifty 50 benchmark climbed to as high as 11,751.50, up 89.1 points – or 0.76 per cent – from its previous close. Gains in auto, energy and select financial stocks pushed the markets higher, but losses in IT shares limited the upside. (Track Sensex, Nifty)
At 1:22 pm, the Sensex traded 309.26 points – or 0.78 per cent – higher at 39,883.83, and the Nifty was up 75.90 points – or 0.65 per cent – at 11,738.30.
Titan, Reliance Industries, Bajaj Auto, UltraTech Cement and