In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.
TCS, Infosys, L&T, Tech M, and HDFC Bank were the top gainers on the Sensex today.
In five days, the benchmark index has gained 1,633.46 points
Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent
Investors were enthused after the US Federal Reserve (Fed) Chair Jerome Powell's statement to the US Congress did not throw up surprises
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices
The benchmark Sensex ended the session at 60,617 - a gain of 221 points, or 0.4 per cent
The broader markets were quiet today with the BSE MidCap and SmallCap indices ending little changed
Nifty rises 1% to close above 18,000 for first time since November 15
In the broader markets, the BSE MidCap index added 0.7 per cent while the BSE SmallCap index gained 1.2 per cent.
The markets began the first week of the new year on a solid note, hoping that rising cases may not lead to further lockdowns
Brokerage ICICI Securities has maintained a BUY rating on Gokaldas Exports with a revised target price of Rs 425.
Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent
In the past two trading days, the stock of the refineries/petro products company has surged 25 per cent, after investor Ramesh Damani bought over 1 per cent stake in the company.
Market participants are already concerned about the rapid global spread of the highly infectious Omicron Covid variant
The Sensex gained 367 points, or 0.6 per cent, to close at 60,223, while the Nifty rose 120 points to end the session at 17,925 cent.
Bajaj Finserv was the biggest gainer in the 30 frontline companies pack on Wednesday, jumping 5.09%, followed by Bajaj Finance, Kotak Bank, Axis Bank, Tata Steel, HDFC Bank and Asian Paints
Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.
The report said the funds raised through ECM deals fell because deals were of smaller values
The Sensex ended Tuesday's session at 59,856, following a gain of 673 points or 1.1 per cent