Stock markets rebound on buying in IT, banking shares; Sensex jumps over 513 points
Mumbai, Nov 19 (PTI) Benchmark indices Sensex and Nifty bounced back sharply on Wednesday, driven by a rally in IT and financial shares and sustained buying by domestic institutional investors amid growing hopes for an India-US trade deal. The 30-share BSE Sensex jumped 513.45 points, or 0.61 per cent, to settle at 85,186.47. During the day, the benchmark surged 563.75 points, or 0.66 per cent, to 85,236.77. The 50-share NSE Nifty climbed 142.60 points, or 0.55 per cent, to close near the day’s high at 26,052.65. The index hit a high of 26,074.65 in the day trade. From the Sensex