Equity benchmark indices Sensex and Nifty rebounded in early trade on Wednesday, led by gains in IT stocks and HDFC Bank amid fresh foreign fund inflows.
The 30-share BSE Sensex jumped 726.13 points to 77,471.26, while the NSE Nifty climbed 203.50 points to 24,189.05.
Infosys, Larsen & Toubro, HDFC Bank, Tata Consultancy Services and Tech Mahindra were among the major gainers.
Foreign Institutional Investors turned buyers on Tuesday, purchasing equities worth ₹755.33 crore, according to exchange data.
Brent crude, the global oil benchmark, rose 4.29 per cent to USD 87.70 a barrel.