<p>Market benchmark Sensex jumped over 200 points in opening session on Wednesday led by gains in metal, auto, IT and energy stocks amid recovery in global equities.</p>.<p>The 30-share BSE index was trading 214.51 points or 0.52 per cent higher at 41,181.37.</p>.<p>Similarly, the broader NSE rose 71.35 points, or 0.59 per cent, to 12,127.</p>.<p>Tata Steel was the top gainer in the Sensex pack, rising over 2 per cent, followed by Infosys, M&M, Bharti Airtel, Maruti and Hero MotoCorp.</p>.<p>On the other hand, TCS and HDFC slipped in the red.</p>.<p>Besides recovery in global equities, domestic market rose on hopes of an economic revival in the upcoming budget, traders said.</p>.<p>Further, short-covering ahead of January derivatives expiry also lifted key indices, they added.</p>.<p>Bourses in Japan and South Korea were trading with sharp gains, while markets in Hong Kong opened with significant losses after a Lunar New Year break. Bourses in China remained closed.</p>.<p>Benchmarks on Wall Street too ended higher on Tuesday.</p>.<p>Brent crude oil futures rose 1.36 per cent to USD 59.61 per barrel.</p>.<p>The rupee appreciated 8 paise to 71.22 against the US dollar in morning session.</p>.<p>In the previous session, Sensex settled 188.26 points, or 0.46 per cent, down at 40,966.86, and Nifty closed 63.20 points, or 0.52 per cent, down at 12,055.80.</p>.<p>Meanwhile, on a net basis, foreign institutional investors sold equities worth Rs 1,357.56 crore, while domestic institutional investors purchased shares worth Rs 711.70 crore on Tuesday, data available with stock exchanges showed.</p>
<p>Market benchmark Sensex jumped over 200 points in opening session on Wednesday led by gains in metal, auto, IT and energy stocks amid recovery in global equities.</p>.<p>The 30-share BSE index was trading 214.51 points or 0.52 per cent higher at 41,181.37.</p>.<p>Similarly, the broader NSE rose 71.35 points, or 0.59 per cent, to 12,127.</p>.<p>Tata Steel was the top gainer in the Sensex pack, rising over 2 per cent, followed by Infosys, M&M, Bharti Airtel, Maruti and Hero MotoCorp.</p>.<p>On the other hand, TCS and HDFC slipped in the red.</p>.<p>Besides recovery in global equities, domestic market rose on hopes of an economic revival in the upcoming budget, traders said.</p>.<p>Further, short-covering ahead of January derivatives expiry also lifted key indices, they added.</p>.<p>Bourses in Japan and South Korea were trading with sharp gains, while markets in Hong Kong opened with significant losses after a Lunar New Year break. Bourses in China remained closed.</p>.<p>Benchmarks on Wall Street too ended higher on Tuesday.</p>.<p>Brent crude oil futures rose 1.36 per cent to USD 59.61 per barrel.</p>.<p>The rupee appreciated 8 paise to 71.22 against the US dollar in morning session.</p>.<p>In the previous session, Sensex settled 188.26 points, or 0.46 per cent, down at 40,966.86, and Nifty closed 63.20 points, or 0.52 per cent, down at 12,055.80.</p>.<p>Meanwhile, on a net basis, foreign institutional investors sold equities worth Rs 1,357.56 crore, while domestic institutional investors purchased shares worth Rs 711.70 crore on Tuesday, data available with stock exchanges showed.</p>