Sensex opens 322 points in green at 65,398, Nifty at over 19,400

In the Sensex pack, majority of the stocks were trading in the positive territory.

Continuing the positive momentum, benchmark stock indices jumped in early trade on Wednesday, with Sensex surging more than 322 points amid positive global cues.

Sensex closes 66 points lower at 52,586; Nifty ends session at 15,763 points(MINT_PRINT)

Sensex jumped 322.09 points or 0.49 per cent to 65,397.91 points while the broader Nifty rose 84.30 points or 0.44 per cent to 19,426.95 points.

In the Sensex pack, majority of the stocks were trading in the positive territory.

M&M, Tech Mahindra, Tata Steel, Axis Bank, Infosys and Reliance Industries were among the gainers.

Asian markets, including Japan and Hong Kong, were trading marginally higher on Wednesday.

On Tuesday, European and US indices closed in the green.

Sensex gained 79.22 points to close at 65,075.82 points while Nifty rose 36.60 points to settle at 65,229.03 points on Tuesday.

In a pre-market open note, Deepak Jasani, Head of Retail Research at HDFC Securities, said Asian stocks rose as China's largest banks reportedly prepare to cut interest rates and investors speculate that the US Federal Reserve is nearing the end of its tightening campaign.