Sensex zooms 1,016 pts; Nifty reclaims 17,400-mark

Extending its winning run to the second session, equity benchmark Sensex skyrocketed 1,016 points on Wednesday, boosted by RBI's accommodative stance as well as easing concerns over the Omicron variant.

Extending its winning run to the second session, equity benchmark Sensex skyrocketed 1,016 points on Wednesday, boosted by RBI's accommodative stance as well as easing concerns over the Omicron variant.

Bulls were enthused by a positive sentiment in global markets amid reports that the new coronavirus strain is unlikely to be more severe than the Delta variant, removing market concern regarding its economic impact.