Mumbai, Jan. 29 -- The Indian stock market closed Wednesday's trading session on a positive note with benchmark indices rallying ahead of the monthly expiry and the upcoming Union Budget session. The stock market had seen a positive movement on Tuesday also.

The Sensex jumped 631.55 points to close at 76,532.96, while the Nifty surged 205.85 points, settling at 23,163.10. Among Nifty 50 companies, 42 stocks advanced, while nine declined. The top gainers included Shriram Finance, Bharat Electronics Limited (BEL), Tata Motors, SBI Life, and Trent while the top losers were ITC Hotels, Maruti Suzuki, Asian Paints, Bharti Airtel, and Britannia.

Commenting on the market trends, VLA Ambala, Co-Founder of Stock Market Today, said that investors...