Sensex rises 432 pts; Nifty settles near 13,000

Nifty settles above 13,050-mark for 1st time ever

It is being told that the Indian stock market is witnessing a tremendous jump due to the news of 90% success in the final clinical trial of American Pharma Company Pfizer's Corona Virus Vaccine.

The Bombay Stock Exchange Sensex opened with a gain of 380 points at 42,273 in the morning. During the afternoon trade, the Sensex set a new record of 42,598.64.

Equity benchmarks closed with modest gains after a choppy session on Wednesday, propped up by buying in select finance and banking stocks amid mixed cues from global markets.

Equity benchmarks Sensex and Nifty ended marginally lower on Tuesday amid lack of directional cues from domestic as well as global markets.

Domestic equity benchmark Sensex jumped nearly 200 points in early trade on Friday tracking gains in index majors TCS, Reliance Industries and Sun Pharma amid positive cues from Asian peers.

Equity indices found firmer ground on Tuesday as investors poured money into banking and finance counters amid a positive trend in global markets.