The Indian stock markets continued to rise in the third consecutive trading session on Wednesday, which saw strong purchases in financial shares, especially private banks and some oil and gas stocks.

The Sensex opened at 76,996 at 76,996, but the US-China trading slipped to a low of 76,544 amid weak global signals. It later rose and rose 556 points to a high of 77,110 from the lowest level of the day, and closed at 77,044 at the end of the session to a 309 points or 0.4 percent.

With this, the Sensex has gained 3,197 points in the last three trading sessions.

A similar boom was seen in the Nifty. It reached a high level of 23,452 after touching a low of 23,273. The index closed at 23,433 with a gain of 104.60 points or 0.45 percent at its highest level. The Nifty has increased by 1,038 points in the last three days.

The most profitable shares on the Nifty include IndusInd Bank, Axis Bank, Trent, ONGC and Asian Paints.

On the other hand, Maruti Suzuki, Bajaj Finance and Tata Motors were among the most damage shares. All indices except auto were closed in green mark according to the sector.

Media, PSU banks and oil and gas stocks performed the best with a gain of 1-2 percent. The broad market also showed strength, as both BSE midcap and smallcap indices increased by 0.5 percent.

Meanwhile, the equity market of other Asian countries remained under pressure, as US President Donald Trump threatened to impose tariffs up to 245 percent on Chinese imports, affecting investors' perception.

Hang Seng and Taiwan index declined by about 2 percent, while Kospi and Nikkei declined by more than 1 percent.

LKP Securities's metaphor Dey said, “On the daily chart, the index is closed above 100-EMA in the second consecutive session. The support is now at 23,300, and as long as it remains above this level, a positive feeling is likely to remain.”

Dilip Parmar of HDFC Securities said that foreign investment flows, weak US dollars and encouraging high -frequency economic figures have led to the third consecutive day. From a close-term perspective, a recession trend for USD-INR is visible, with the support level 85.40 and resistance is around 86.05.