Key benchmark indices spurted to 1-1/2 week closing highs as European stocks rose and as US index futures jumped, buoyed by expectations that Greece will receive the next aid tranche from international creditors as well as hopes that the Federal Reserve may announce fresh measures to stimulate the economy. The barometer index BSE Sensex regained the psychological 17,000 level. The Sensex jumped 353.93 points or 2.11%, up about 375 points from the day's low and off close to 35 points from the day's high. All the 13 sectoral indices on BSE were in positive zone.
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