Sensex rises over 300 points, Nifty above 15,100

The blue-chip NSE Nifty 50 index rose 0.53% to 15,178.90 and the benchmark S&P BSE Sensex rose 0.55% to 51,306.04 by 9:26 am. The Nifty closed up nearly 1% on Tuesday, while the Sensex ended the day with a 1.2% rise.

Indian shares opened higher on Wednesday as gains in heavyweight financial and information technology stocks helped extend a rally from the previous session. The blue-chip NSE Nifty 50 index rose 0.53% to 15,178.90 and the benchmark S&P BSE Sensex rose 0.55% to 51,306.04 by 9:26 am. The Nifty closed up nearly 1% on Tuesday, while the Sensex ended the day with a 1.2% rise. The sentiment was also aided by gains in broader Asian markets, which bounced back from a two-month low as bond yields fell and concerns over inflation eased.