Sensex, Nifty rise on strong Q2FY22 GDP growth

Benchmark market indices rose sharply in morning trade on Wednesday after GDP data indicated strong growth in the July-September quarter.

Indian shares rose over 1% on Wednesday, boosted by metals, auto and banking stocks, after growth data showed India grew at a faster pace than any major economy in the September quarter.

The blue-chip NSE Nifty 50 index was up 1.2% at 17,187.65 by 9:17 am, while the benchmark S&P BSE Sensex rose 1.11% to 57,696.68.