Sensex Jumps Over 450 Points Nifty Regains 10,800

MARKET

Markets surged by over 1.2 percent on Thursday on the back of a strong domestic currency which gained over 70 paise.

The BSE Sensex soared 453.46 points or 1.27 percent to 36,170.41. The NSE Nifty reclaimed the psychological 10,800 level. It jumped 129.85 points or 1.21 percent at 10,858.70.

The rupee jumped 74 paise to breach the 70 per dollar mark and touched 69.88, a three-month high levelĀ  in intra-day trade Thursday. Amid sustained selling of the greenback by exporters and easing crude oil prices. Globally Brent crude, the international benchmark, was trading 0.14 per cent down at USD 58.68 per barrel.

Sensex shuttled between high of 36,253.85 and low of 35,946.24.