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Infosys, Axis Bank, Tech Mahindra, Bajaj Finance, Tata Steel, HCL Tech and IndusInd Bank were among the other gainers on Sensex. On the other hand, Bharti Airtel, ITC and Kotak Bank were the laggards
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and Nifty reversed from yesterday’s losses and gained on Wednesday, amid positive global equities. Sensex was rising 637 points higher at 36,670 and Nifty climbed 188 points higher at 10,795. Investor sentiment strengthened further today after the human clinical trials for COVID-19 vaccine were initiated in India. News about experimental vaccine developed by Moderna and the NIH in US also helped global markets gain momentum. Yesterday, Sensex ended 660 points lower at 36,033 and Nifty closed 195 points lower to 10,607. Meanwhile, Infosys, the country’s second largest software exporter and private lenders Bandhan Bank, Federal Bank along with 50 other listed companies are scheduled to announce their earnings report on Wednesday.