Markets log gains for 2nd day; Sensex, Nifty surge nearly 1 pc on global rally

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MUMBAI: Benchmark indices Sensex and Nifty surged nearly 1 per cent on Wednesday, tracking a rally in global markets amid signs of easing tensions in the Middle East following a ceasefire between Iran and Israel.

Extending its previous day’s rally, the 30-share Sensex jumped 700.40 points or 0.85 per cent to settle at 82,755.51. During the day, it surged 760.8 points or 0.92 per cent to 82,815.91.

Similarly, the wider gauge NSE Nifty climbed 200.40 points or 0.80 per cent to 25,244.75.

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