The equity benchmark of the Bombay Stock Exchange, Sensex opened over 240 points higher to 40,706 on Wednesday. Index-heavyweights RIL, Bharti Airtel, and BPCL have marked big gains.
The broader NSE Nifty advanced 60 points to touch 12000. Top gainers in the Nifty pack included Reliance, Bharti Airtel, Bharti Infratel, IndusInd Bank and Coal India, rising up to 3.79 per cent. On the other hand, Britannia, Bajaj Auto, Infosys, Eicher Motors and Axis Bank fell up to 1.2 per cent.
One of the major gainers, Reliance Industries rose as much as 4.05 per cent to a fresh record high of Rs. 1,571 after its telecom said it will also raise tariffs of telecom offerings a day after Bharti Airtel and Vodafone Idea informed raising tariffs from December. With today's surge Reliance Industries' market capitalisation inched closer to Rs. 10 lakh crore mark. IndusInd Bank, Sun Pharma, Dr Reddy's Labs, Larsen & Toubro, Coal India, Bharat Petroleum and Zee Entertainment were also among the gainers.