Sensex rises 550 points, while the Nifty 50 surpasses 22,200.

The Indian stock market saw robust purchasing in the early morning hours of Wednesday after 19 consecutive sessions of poor activity. After starting the day slightly lower at 22,073, the Nifty 50 index quickly attracted the attention of bulls and reached an intraday high of 22,394, resulting in an intraday gain of more than 250 points. The BSE Sensex had an intraday rise of about 900 points today, starting the day higher at 73,005 and reaching an intraday high of 73,933. The 30-stock index, however, maintained above the critical 22,200 level despite retracing today's peak. At the opening bell, the Bank Nifty reached an intraday high of 48,657 after starting the day flat at 48,241.