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Sensex jumps over 500 points, posts biggest single-day percentage gain since Jan 15

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Reuters
Last Updated : Aug 27 2015 | 4:42 PM IST

REUTERS - India's stock markets gained 2 percent on Thursday, their biggest single-day percentage gain in seven-and-a-half months, as upbeat global equity markets sparked a wave of bargain-hunting ahead of the expiry of derivative contracts.

The benchmark BSE Sensex ended up 2.01 percent, while the broader Nifty closed higher 2.02 percent, their biggest single-day percentage gain since Jan. 15.

(Reporting by Karen Rebelo in Mumbai; Editing by Subhranshu Sahu)

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First Published: Aug 27 2015 | 4:26 PM IST

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