The major stock market Sensex rose over 350 points in early trade on Wednesday due to the rise in big stocks like HDFC, Bajaj Finance and Infosys. The 30-share BSE index was up 351.06 points or 0.72 percent at 49,295.20 during this period. The NSE Nifty rose 95.30 points, or 0.65 percent, to 14,74835.
The Sensex was the biggest gainer in Bajaj Finance at three per cent. Apart from this, Bajaj Finserv, Bajaj Auto, SBI, IndusInd Bank, M&M, Bharti Airtel, HDFC, Kotak Bank and Infosys were also trading at a rapid pace. On the other hand, UltraTech Cement, Reliance Industries and Maruti saw a decline.
The Sensex rose 557.63 points or 1.15 percent to 48,944.14 in the previous session and the Nifty closed 168.05 points or 1.16 percent higher at 14,653.05 points. Foreign institutional investors (FIIs) sold shares worth Rs 1,454.75 crore on a gross basis on Tuesday, according to provisional data from the stock market. During this period, domestic institutional investors bought heavily.
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