New Delhi, April 17 -- The Indian stock market extended its winning streak for the third straight session on Wednesday, April 16, with the Sensex rising 309 points to close at 77,044.29 and the Nifty 50 gaining 109 points to settle at 23,437.20. The rally was largely driven by banking heavyweights such as Axis Bank, HDFC Bank, and ICICI Bank.

While global cues remained weak, limiting overall gains, the broader market outperformed, with the BSE Midcap and Smallcap indices climbing 0.62% and 0.91%, respectively. Investors saw their wealth swell by nearly Rs.3 lakh crore in a day, as the total market capitalisation of BSE-listed companies surged to Rs.415 lakh crore.

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