Indian equity benchmarks closed significantly higher on Wednesday, with the Nifty settling just shy of the 25,250 mark. At the close, the Sensex surged 700.40 points (0.85 per cent) to 82,755.51, while the Nifty rose 200.40 points (0.80 per cent) to 25,244.75. Market breadth was positive, with 2,711 stocks advancing, 1,163 declining, and 127 remaining unchanged.

Top gainers on the Nifty included Titan Company, Infosys, M&M, Grasim Industries, and JSW Steel. On the flip side, Bharat Electronics, Kotak Mahindra Bank, Eicher Motors, Axis Bank, and ONGC were among the top losers.

All sectoral indices ended in the green, led by gains in auto, consumer durables, IT, telecom, healthcare, and media, each rising between 1–2 per cent.

In the broader markets, the BSE Midcap index advanced 0.6 per cent, while the Smallcap index outperformed with a 1.6 per cent gain.

(More to come)