Sensex surges 889 points, Nifty hits 24,250 led by IT sector gains

On Wednesday, the BSE Sensex rose by 889 points, or 1.16%, to finish at 77,655, as 25 of its 30 constituents recorded gains. The Nifty 50 also climbed 265 points, or 1.10%, ending the day at 24,250, fueled largely by a 2.32% increase in the IT index. Hindustan Unilever and Infosys led the rally on the BSE, posting gains of 4.7% and 4.5%, respectively.