Benchmark Sensex rallied 310 points to reclaim the 35,000-mark in the opening trade of the special Muhurat session on Wednesday to mark the beginning of Hindu Samvat year 2075.

The benchmark Sensex has gained 2,407.56 points, or 7 per cent, in the Hindu Samvat year 2074, while the broader NSE Nifty rose by 319.15 points, or over 3 per cent.

The stock rose up to 3.76% or 23 points to Rs 632.90 on the BSE. The stock which closed at 609.95 on Friday opened with a gain of 2.80% at 627 level on BSE.  It was the top gainer on both Sensex and Nifty today. 

ICICI Bank was the top Sensex gainer post Q2 earnings after brokerages raised the stock's target price. Other Sensex gainers were SBI (7.90%), Adani Ports (6.62%) and L&T (5.15%).

The new ETF, which will be constituted after studying the appetite of large investors, is being planned for launch in the next financial year.

The market has been correcting in the last two months and in the near-term considering the technical factors, we are bound to see some relief, experts believe.

The stock fell to 168.60 intra day down 15% from its previous close of 198.35 on the BSE. It fell nearly 2 points short of reaching its 52-week low of 166.15 hit on September 28, 2018.

29 out of the 30 companies on BSE 30 displayed negative growth in share price during September to October 11th. Only Wipro showed a growth in share price that too of 0.11 per cent.

Market breadth was negative with 247 stocks rising compared with 1413 stocks falling on the BSE.

Ruchit Jain, Technical Analyst at Angel Broking, takes viewers through all the market action today. The Sensex and Nifty closed over 1% higher in trade today amid gains in banking, auto, consumer durables and NBFC stocks. Top Sensex gainers were Axis Bank (6.62%), SBI (5.88%) and Maruti (4.77%). Infosys (2.38%), TCS (2.27%) and Sun Pharma (1.12%)  were top Sensex losers.

While the Sensex rose 461 points or 1.35% to 34,760, Nifty ended 1.54% or 159 points higher at 10,460 level.