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Sensex jumps 976 points, banks lead broad-based rally

All sectoral indices at the National Stock Exchange were in the green with Nifty PSU bank rallying by 3.8 per cent, private bank by 3.6 per cent, financial service by 3.2 per cent and realty by 1.1 per cent

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Picture used for representation purpose only

Picture used for representation purpose only

Equity benchmark indices traded firm on Friday and closed 2 per cent higher due to broad-based purchasing across key sectors.

At the closing hour, the BSE S&P Sensex was up by 976 points or 1.97 per cent at 50,540 while the Nifty 50 advanced by 269 points or 1.81 per cent to 15,175.

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