Sensex gains 358 points; Nifty reclaims 11,000-mark

The BSE benchmark Sensex rallied over 358 points Wednesday while the NSE Nifty recaptured the key 11,000 mark as investors wagered on the RBI changing its policy stance to neutral.

The 30-share Sensex soared 358.42 points, or 0.98 per cent, to close at 36,975.23. The broader Nifty jumped 128.10 points, or 1.17 per cent, to 11,062.45.

Investor sentiment was bullish ahead of the Reserve Bank of India's policy outcome, scheduled for Thursday, analysts said.

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