Sensex Rises by 147.79 and Nifty Gains 73.3 Points

Share Market Update (News Media), Business Desk: The Indian stock market experienced a bullish trend for the third consecutive day this week. Although the market opened sluggishly in the morning, a surge in buying later on led to a rebound. By the end of trading on Wednesday, the Sensex closed at 75,449 points, up by 147.79 points, while the Nifty also saw an increase of 73 points, finishing at 22,907.

This upward trend was reflected in the BSE Mid Cap and BSE Small Cap indices as well. At the close of trading on Wednesday, the BSE Mid Cap index rose by 2.28%, climbing 917 points to end at 41,107, while the BSE Small Cap index also saw a significant increase of 978 points, closing at 46,009.89.

Following a week of poor performance, the Indian stock market made a remarkable recovery in the first two days of this week. On Tuesday, the market showed strength right from the start, with robust buying activity throughout the day. Positive trends in global markets and increased buying in banking stocks propelled the BSE Sensex index to jump over 900 points, surpassing the 75,000 mark.

Continuing the momentum from the previous day, the 30-share BSE Sensex surged by 901.43 points during morning trading, reaching 75,071.38 points. Meanwhile, the NSE Nifty also rose by 265.9 points, trading at 22,774.65 points. By the end of the day, the Sensex closed at 75,301.26 points, up by 1,131.31 points compared to the previous day, while the Nifty finished at 22,384.30 points, gaining 325.55 points.