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Sustained FII selling had pushed the market to oversold territory, facilitating a sharp rebound when risk-on resumed globally.

Asian stocks are trading higher on Thursday as traders bet the global recovery will be resilient to the new virus strain.

Kotak Securities is bullish on Oberoi Realty with a price target of Rs 900 per share.

Bulls were enthused by a positive sentiment in global markets amid reports that the Omicron variant is unlikely to be more severe than the Delta

The minister invited views of telecom players to spread digital connectivity across the country for inclusive development

The ratings agency raised the economic growth projection for the next financial year to 10.3% from previously forecast 10%

Sensex zoomed 729 points or 1.26% to 58,362 while Nifty was quoting at 17,387 surging 210 points or 1.23%.

Asian stocks are trading higher, continuing a global relief rally on early reports about the potential impact of Omicron.

Proficient Equities is bullish on Oricon Enterprise with a price target of Rs 44 per share.

Global equity markets are relieved after studies on Omicron strain suggested that even though it is fast spreading, it is milder than Delta variant