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Sensex and Nifty will take cues from the ongoing March quarter earnings, the Russia-Ukraine issue, rising inflation data, and crude oil prices this week.
The benchmark indices opened flat amid weak global cues. Later, Sensex rose 403 points to 58,971 and Nifty surged 118 points to 17,583.
Benchmark equity indices BSE Sensex and NSE Nifty have entered the fiscal year 2023 on a positive note. Sensex rose 708 points to 59,276 and Nifty ended 205 points higher at 17,670.
Benchmarks indices continued their winning momentum for the third straight session on Thursday amid positive global cues and assembly election results.
In a major relief to the investors, the benchmark indices were trading sharply higher on Wednesday.