Nifty50 and BSE Sensex saw a strong recovery in trade on Wednesday with the IT sector stocks leading the charge for the benchmark indices. Both Nifty50 and BSE Sensex closed more than 1% higher, supported by gains in IT stocks, HDFC Bank and renewed buying by foreign investors.

Stock market today: BSE Sensex and Nifty50 snapped their five day losing streak on Monday to rally strongly and finish in green. BSE Sensex closed the day at 76,835.78, up 776…

Benchmark indices surged nearly 1% in early trade, with Sensex rising over 700 points and Nifty crossing 24,150 despite a spike in oil prices. Gains were supported by IT stocks,…