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Sensex Ends 432 Points Higher, Nifty Reclaims 12,950 Amid Broad-Based Gains

Stock Market Today: Gains across sectors pushed the markets higher.
Stock Market Today: Gains across sectors pushed the markets higher.

Domestic stock markets jumped 1 per cent amid choppy trade on Thursday, tracking gains across global equities on optimism about a fast recovery from the coronavirus pandemic-caused slowdown. The S&P BSE Sensex index jumped 533.68 points, or 1.22 per cent, to 44,361.78 at the strongest level recorded during the session, and the broader NSE Nifty 50 benchmark climbed to as high as 13,018.00, up 159.6 points, or 1.24 per cent, from its previous close. Gains across sectors, led by banking, financial services, metal and pharmaceutical shares, pushed the markets higher. Some volatility occurred during the session as traders rushed to settle their positions ahead of the expiration of monthly derivatives contracts due by the end of the session, say analysts. Market participants also awaited official data on the country's gross domestic product (GDP) due on Friday for near-term triggers. (Key Stocks To Watch Today)

Here are highlights of Thursday's trading session: