During Wednesday's intraday trading, the BSE Sensex climbed about 850 points, while the Nifty50 surged by nearly 240 points. This upward trend is fueled by the strength of Indian IT stocks despite a global selloff in AI shares, a stronger rupee, a comeback in foreign investor buying, and anticipation that the US Federal Reserve will hold interest rates steady. The market gains occurred even as crude oil prices saw a significant rise today.