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The S&P BSE Sensex surged over 200 points in morning trade on Wednesday following positive trend seen in other Asian markets. The rally in the index was led by gains in Infosys, HDFC, RIL, HDFC Bank, and Sun Pharma. The Nifty50 managed to rally over 7,800 in trade supported by gains in realty, power, oil & gas, metal, consumer durable, and banking stocks. 

Indian stocks closed lower on Tuesday, weighed down by IT stocks as sentiment turned cautious in a holiday-shortened week.The Nifty fell 0.62 percent, while the benchmark BSE index slipped 0.56 percent.Local markets will be shut on Friday for Christmas.