The weekly performance turned green eventually for these two benchmarks, which was earlier dragged by the escalation of war between Russia and Ukraine coupled with investors demand for dollar and treasury yields.

The rally was spearheaded by banking and financial heavyweights like ICICI Bank and SBI, along with IT majors such as Infosys and TCS

The BSE Sensex stood at 78,338.95, up 1,183.16 points, or 1.53 per cent. The BSE Nifty soared 492.40 points, or 2.11 per cent, to 23,842.30.

Zomato will join the BSE Sensex on December 23, 2024, replacing JSW Steel, following a major reconstitution announced by Asia Index. The reshuffle also includes Zomato, Jio Financial Services, and Hindustan Aeronautics in BSE Sensex 50.

Mumbai: Zomato, the app-based food delivery major that was listed in July 2021, will replace JSW Steel in the sensex on Dec 23, a BSE notice said. Currently, Zomato, with a market cap of Rs 2.3 lakh crore,