Sensex, Nifty rise for 3rd straight day as Omicron worries recede

Benchmark stock market indices climbed for a third consecutive day, led by gains in information technology and energy stocks as sentiment improved.

Indian shares closed higher on Thursday, led by gains in information technology and energy stocks on improved investor sentiment after a study showed risk from Omicron was lower compared with the Delta coronavirus variant.

The NSE Nifty 50 index ended 0.69% higher at 17,072.60 and the benchmark S&P BSE Sensex gained 0.68% to 57,315.28.