Sensex rises 300 points tracking positive cues from Asian peers, Nifty above 22K

Following gains from Asian peers, Indian equity indices opened higher for the second consecutive day on Wednesday, led by the index heavyweight Reliance Industries, banking and financial stocks.

The BSE Sensex was trading 288 points or 0.40% higher at 72,474. Nifty50 was trading at 22,025, up 96 points or 0.44% at around 9.20 am.

Among the Sensex stocks, Axis Bank, SBI, Asian Paints, Titan, and M&M were the top gainers, rising 1-2%. Power Grid, Infosys, Wipro, HCL Tech, and Tech Mahindra opened lower.