Markets surged over 2% on Wednesday, extending gains for the third straight day as investors took comfort in retreating bond yields in the US and the expanding covid-19 vaccination drive in India. The BSE Sensex gained 1,147.76 points or 2.28% to end at 51,444.65, while the Nifty surged 326.50 points or 2.19% to close at 15,245.60. In other regions of Asia, too, markets ended higher, with Hong Kong’s Hang Seng index, China’s Shanghai Composite, Japan’s Nikkei 225 and South Korea’s Kospi climbing 0.5-3%.
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