Sensex surges 724 points; Nifty tops 12,100

MUMBAI: Rallying for the fourth straight session, the Sensex surged 724 points on Thursday to close above the 41,000-mark on across-the-board buying amid a strong trend in the global markets despite uncertainty over the US poll outcome.

After a strong start, the 30-share BSE index maintained its upward trajectory throughout the session to close at 41,340.16, up 724.02 points or 1.78 per cent.

Similarly, the broader NSE Nifty zoomed 211.80 points or 1.78 per cent to finish at 12,120.30. All Sensex components closed in the green.

SBI was the top gainer, soaring over 5 per cent, followed by Tata Steel, IndusInd Bank, Bajaj Finance, Bajaj Finserv and HCL Tech.

Elsewhere in Asia, bourses in Hong Kong, Shanghai, Seoul and Tokyo ended with significant gains. Stock exchanges in Europe were also trading on a positive note in early deals. In the forex market, the rupee zoomed 40 paise to close at 74.36 against the US dollar.