Mumbai: Benchmark indices ended sharply higher on Friday, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, in tandem with a rally in global markets and a decline in crude oil prices after US President Donald Trump declared that his country has ended the war with Iran.
The 30-share BSE Sensex jumped 1,695.40 points, or 2.30 per cent, to settle at 75,527.95. During the day, it surged 1,775.47 points, or 2.40 per cent, to 75,608.02.
The 50-share NSE Nifty ended sharply higher by 461.30 points, or 1.99 per cent, to close at 23,622.90. Intra-day, the benchmark index zoomed 483.75 points, or 2 per cent, to 23,645.35.
Going ahead, markets may continue to remain volatile because of global developments and economic data, but the overall undertone still looks positive as long as crude prices stay under control and institutional buying continues.
