Market bulls charge ahead: Sensex gains 1,147 pts, Nifty surges past 15,000

Bajaj Finserv was the best-performing Sensex stock, rising 5.2 per cent; Reliance Industries and Bajaj Finance surged 4.5 per cent and 4.5 per cent, respectively

The Indian markets jumped for the third straight day on Wednesday as bond yield pressure eased and investors increased bets on a quicker economic revival, with vaccination progress and stimulus measures underpinning sentiment.

Posting its biggest single-day gain since February 2, the benchmark Sensex rose 1,147 points, or 2.3 per cent, to end the session at 51,444. The index is now less than 710 points, or 1.38 per cent shy of its previous all-time closing high of 52,154 on February 15. 

The Nifty50 index rose 326 points, or 2.2 per cent, to end the session at 15,245. In the past three sessions,