Banking heavyweights HDFC Bank, ICICI Bank, SBI, and Axis Bank powered the sector’s gains, while the metal pack saw JSW Steel, Tata Steel, Coal India, and Vedanta rising 1-2 percent.
IST, the barometer index, the S&P BSE Sensex, soared 856.16 points or 1.10% to 78,897.59. The Nifty 50 index rallied 273.60 points or 1.16% to 23,864.20.
Key equity benchmarks tumbled for the fourth consecutive day on Thursday, fueled by negative global sentiment. The Federal Reserve's decision to slash interest rates by 25 basis points on Wednesday, ...