Sensex Jumps 905 Points on Banking and FMCG Buying
The 30-share BSE Sensex rose 905 points, or 1.24%, to close at 74,151.04. Heavy buying in banking and FMCG stocks pushed the Nifty above 22,900.
ContextContext: The Sensex tracks 30 large companies listed on the BSE, and the Nifty tracks 50 on the NSE. Banks and FMCG firms, which sell everyday goods, are often seen as signs of broader market mood.
Read at The Hindu: Business
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