The Indian stock indices continued their winning streak for the third day in a row after the Iran-Israel ceasefire led to a decline in the crude oil prices.
The 30-share BSE Sensex jumped 1,000.36 points or 1.21 per cent to settle at 83,755.87. During the day, it surged 1,056.58 points or 1.27 per cent to 83,812.09.
The 50-share NSE Nifty rallied 304.25 points or 1.21 per cent to 25,549.
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From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers.
On the other hand, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.
The Asian markets were mixed, with Japan’s Nikkei 225 index settling higher, while South Korea’s Kospi, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng ending lower. Similar was the fate of US markets, which ended on a mixed note on Wednesday.
The European markets, however, were trading in the green in mid-session deals.
Meanwhile, global oil benchmark Brent crude climbed 0.18 per cent to USD 67.80 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,427.74 crore on Wednesday, while Domestic Institutional Investors (DII) bought stocks worth ₹2,372.96 crore, according to exchange data.
On Wednesday, the Sensex jumped 700.40 points, or 0.85 per cent, to settle at 82,755.51. The Nifty climbed 200.40 points, or 0.80 per cent, to 25,244.75.
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