Stock Market LIVE Updates: Sensex around 60k, Nifty above 17,800; IT drags, Bajaj Twins up 4%

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Stock Market LIVE Updates: Indian equity benchmarks Sensex and Nifty50 jumped to seven-week highs on Wednesday, though volatility persisted amid concerns about the increasing cases of the Omicron variant of COVID-19. Gains in financial and automobile stocks pushed the headline indices higher though losses in IT and oil & gas counters limited the upside. Broader markets were mixed, with the Nifty Midcap 100 index up 0.2 percent but its smallcap counterpart flat.

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