The Indian benchmark indices on Wednesday welcomed Donald Trump’s convincing victory in the US presidential elections as both Sensex and Nifty gained more than 1 per cent amid heavy buying in the IT sector.

Dear Trader… The market extended its rebound, gaining over 1% amid positive global cues. Following a flat opening, the Nifty gradually climbed, largely driven by the upbeat performance in the U.S. markets as early polling results pointed towards Trump potentially returning as U.S. President. All sectors contributed to the recovery,