The 30-share index, which had gained 358.73 points in the previous session, shot up by 100.25 points, or 0.48 percent, to trade above 21,000 level at 21,029.26.

The wide-based National Stock Exchange index Nifty rose by 30.00, or 0.48 percent, to 6,250.90.

Brokers said that sentiments buoyed on hopes of liquidity enhancement after the RBI cut the marginal standing facility rate to 8.75 percent and a firming trend in the Asian region fuelled by expectations the US Federal Reserve will maintain its aggressive stimulus.

Major gainers are ICICI Bank, SBI, BHEL, RIL, Bharti Airtel, Bajaj Auto, Dr Reddy Laboratories, HDFC and TCS.

In the Asian region, Japan's Nikkei gained 1.22 percent, while Hong Kong's Hang Seng was up by 0.70 percent in early trade on Wednesday.

The US Dow Jones Industrial Average rose 0.72 percent to close at fresh all-time high in Tuesday's trade.


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