Mumbai: Benchmark equity indices Sensex and Nifty jumped in early trade on Thursday in-tandem with a rally in global markets after the US Fed projected three rate cuts this year.
The 30-share BSE Sensex jumped 595.02 points to 72,696.71 in early trade. The NSE Nifty climbed 181.85 points to 22,020.95.
At 10:16 am, Sensex was trading 742.66 points up at 72,844.34, whereas Nifty was trading 225.30 points up at 22,064.40.
From the Sensex basket, Tata Steel, JSW Steel, IndusInd Bank, Power Grid, Wipro, and NTPC were the biggest gainers.
Maruti and Nestle were the laggards.
