Indian stocks closed higher on Wednesday, recovering from early losses as foreign inflows and a rebound in IT shares lifted sentiment. The Sensex gained 513 points, while the Nifty crossed 26,050.
Infosys and HCL Technologies led the rally, each rising around 4%, ahead of Infosys’ Rs 18,000 crore share buyback starting Thursday. Tata Consultancy Services, Hindustan Unilever, and Sun Pharma also contributed, climbing 1.5–3%.
The IT sector outperformed broadly, gaining 3%. Mid-cap stocks edged up 0.2%, while small-caps slipped 0.4%, showing a cautious tone in the wider market.