Market update

Frontline indices, the Sensex and the Nifty 50, jumped sharply as a fresh spell of buying engulfed most sectors in early deals on Wednesday, April 15. The Sensex surged over 1,400 points, or nearly 2%, to an intraday high of 78,270, while the Nifty 50 jumped more than 400 points, or almost 2%, to the day's high of 24,281. The Nifty Midcap 100 and Smallcap 100 indices jumped more than 2% each. Investors' wealth jumped by ₹9 lakh crore as the cumulative market capitalisation of the firms listed on the BSE rose to ₹458 lakh crore from ₹449 lakh crore in the previous session.