Mumbai

Benchmark indices Sensex and Nifty bounced back sharply on Wednesday, driven by a rally in IT and financial shares and sustained buying by domestic institutional investors amid growing hopes for an India-US trade deal. The Sensex jumped 513 points to settle at 85,186. Nifty climbed 143 points to close near day’s high at 26,053.

From the Sensex pack, HCL Tech, Infosys, TCS, HUL, Sun Pharma and Titan were among the biggest gainers. In contrast, Tata Motors Passenger Vehicles, Maruti, Adani Ports and Bajaj Finance were among the laggards.

Equity benchmarks rebounded on Wednesday after Tuesday’s pause, supported largely by strong buying in IT stocks, Gaurav Garg, Research Analyst, Lemonn Markets Desk, said. “The rally was led by IT names such as Infosys and HCL Technologies, with sen

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