Sensex up 250 pts higher, Nifty above 22,700; Nifty Oil and Gas, Metal lead

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Opening Bell: Equity benchmark indices opened in green on Wednesday with the BSE Sensex rising 200 points to 74,909 and the NSE Nifty50 advancing by 50 points to 22,693.

JSW Steel, Bharti Airtel, Axis Bank, IndusInd Bank, Tata Steel, HCL Tech, RILNestle India, Infosys, Wipro, SBI led the gains on the Sensex, while Divis Labs, Jubilant Pharma and Sobha ltd led losses.

On other hand, Hindalco Industries and HUL were among top gainers on NSE Nifty 50 while Sun Pharma and ICICI Bank were among the top losers.

The broader markets opened strong with both the BSE MidCap and SmallCap indices gaining 0.45 and 0.18 per cent respectively.

Nifty Metal, Nifty Realty, Nifty Auto, Nifty Oil and Gas and Nifty MidSmall Healthcare led sectoral gains on NSE.

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