Sensex rallies nearly 900 points; Nifty jumps over 272 points on firm global trends

The Sensex jumped nearly 900 points and the Nifty rallied over 272 points on Friday, bouncing back from the previous day's fall, following a positive trend in global equities and fresh foreign fund inflows.

The BSE Sensex rallied 899.62 points or 1.53 per cent to end at 59,808.97 after starting the trade on a positive note. During the day, it jumped 1,057.69 points or 1.79 per cent to 59,967.04.

The NSE Nifty advanced 272.45 points or 1.57 per cent to settle at 17,594.35.

From the Sensex pack, State Bank of India, Bharti Airtel, Reliance Industries, ITC, Tata Steel, IndusInd Bank, HDFC Bank, Tata Motors, HDFC and Titan were the major gainers.

Tech Mahindra, UltraTech Cement, Nestle and Asian Paints were the laggards.

In Asian markets, Seoul, Japan, China and Hong Kong ended in the green.