Surging for the second straight session, the equity benchmark BSE Sensex Wednesday closed over 600 points after former bureaucrat Shaktikanta Das assumed the charge as the new governor of the RBI and sentiment towards the Sino-US trade dispute lifted after US President Donald Trump sounded upbeat.
The 30-share index closed the day higher 625.96 points, or 1.78 percent, to 35,775.97. All the sectoral indices, led by banking, auto, and consumer durables stocks traded in the positive zone. The NSE Nifty too rose 188.45 points, or 1.79 percent, to 10,737.60.
Top gainers on the BSE index include Yes Bank HeroMotocorp, Bharati Airtel, M&M, Tata Steel, Kotak Bank, Tata Motors and Axis Bank. The Sensex had Tuesday rose 190.29 points to end at 35,150.01, after falling over 500 points intra-day. And the broader NSE Nifty rose 60.70 points to end at 10,549.15.
Earlier today, rupee opened weak at 72.10 against the US dollar, then depreciated further to 72.17, showing a decline of 32 paise over its previous closing.