Sensex jumps 282 pts, Nifty ends above 12,850

After a highly volatile session, the 30-share BSE index ended 282.29 points or 0.65 per cent higher at 43,882.25

Mumbai: Equity benchmark Sensex surged 282 points on Friday, tracking gains in HDFC Bank, Kotak Bank and Bajaj Finance amid positive cues from global markets and sustained foreign fund inflows.

After a highly volatile session, the 30-share BSE index ended 282.29 points or 0.65 per cent higher at 43,882.25. Similarly, the broader NSE Nifty rose 87.35 points or 0.68 per cent to 12,859.05.

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Bajaj Finserv was the top gainer in the Sensex pack, rallying over 9 per cent, followed by Titan, Bajaj Finance, Kotak Bank, Bharti Airtel, Nestle India and NTPC. On the other hand, Reliance Industries, IndusInd Bank, Sun Pharma, Axis Bank, ONGC and HUL were among the laggards.

Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul ended on a positive note, while Tokyo was in the red. Stock exchanges in Europe were trading on a positive note in early deals. Brent crude futures, the global oil benchmark, rose 0.41 per cent to $44.38 per barrel. Meanwhile, foreign institutional investors remained net buyers in the capital market as they purchased shares worth Rs 1,180.61 crore on Thursday, according to provisional exchange data.

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