The benchmark indices gained for the second straight day on Wednesday, after starting the week with the biggest single-day loss in seven months. Gains in IT stocks, the reopening of trade and transport links between the UK and France, and the possibility of a Brexit agreement cheered investors.
The gains in the indices were led by IT majors Infosys and TCS. Infosys on Tuesday in an exchange filing said it had won a multi-year deal from German automotive major Daimler for an IT infrastructure transformation. Wipro shares rose close 6 per cent on Wednesday after the company announced a $700-million deal