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Sensex rallies 220 pts to reclaim 40,000 mark; Nifty just shy of 11,850

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Market benchmark BSE Sensex reclaimed the 40,000-mark on Wednesday, rallying 220 points on the back of strong corporate earnings and expectations of a rejig in tax structure for equity investors. After hitting a high of 40,178.12, the 30-share index ended 220.03 points, or 0.55 per cent, higher at 40,051.87. Similarly, the broader NSE Nifty jumped 57.25 points or 0.49 per cent to close at 11,844.10.

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