The local stock markets returned on Wednesday and the BSE Sensex gained more than 149 points. Strong opening in European markets led to buying in Reliance Industries, ITC and Mahindra & Mahindra, which were major contributors to the index, in the last hour of trade. ,
Most of the time during the trading in the market, investors took a cautious approach ahead of the Reserve Bank of India’s monetary policy review to be released on Thursday and the US inflation data.
