Perplexing market participants, the Indian stock market witnessed healthy buying across segments in intraday trade on Wednesday, 18 March, despite a raging war in the Middle East, elevated crude oil prices, and the rupee's weakness. The Sensex rose more than 850 points, or over 1%, to an intraday high of 76,929, while the Nifty 50 jumped to the day's high of 23,836, rising over 250 points, or over 1%. The mid and small-cap indices on the BSE rose by up to 2% during the session. The Sensex and the Nifty are up for the third consecutive session. Over these three sessions, the 30-share pack has gained more than 2,350 points, or over 3%, while the NSE counterpart has jumped nearly 700 points, or almost 3%. The overall market capitalisation of BSE-listed firms jumped to more than ₹438 lakh crore on Wednesday from nearly ₹430 lakh crore on Friday, increasing investors' wealth by more than ₹8 lakh crore in three consecutive sessions.

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