Sensex jumps 575 points, Nifty ends above 25,300 after rally in Asian peers
Mumbai, Oct 15 (PTI) Benchmark Sensex spurted by 575 points while Nifty closed above 25,300 on Wednesday on buying in banking and financial shares, driven by a rally in Asian and European markets amid hopes of a rate cut by the US Federal Reserve later this month. The 30-share BSE Sensex jumped 575.45 points or 0.70 per cent to settle at 82,605.43. During the day, it surged 697.04 points or 0.84 per cent to 82,727.02. The 50-share NSE Nifty climbed 178.05 points or 0.71 per cent to 25,323.55. Among Sensex firms, Bajaj Finance and Bajaj Finserv were the biggest gainers.