Sensex atop Mt 54K amid FPIs' renewed appetite; HDFC rises 4.8%

Renewed optimism around the domestic economic outlook, following an improvement in high-frequency indicators underpinned more than 3 per cent jump this week, so far

The benchmark indices rose for the third straight session on Wednesday, with the Sensex comfortably breaching the 54,000-mark, as risk appetite increased following a retreat in the dollar and a fall in US bond yields. Renewed optimism around the domestic economic outlook, following an improvement in high-frequency indicators -- such as manufacturing PMI, GST collection, and the Google mobility data -- underpinned more than 3 per cent jump this week, so far.
 
The Sensex ended the session at 54,369, following a gain of 546 points or 1.02 per cent. The Nifty rose 128 points and ended the session at