Sensex regains 17k, ends at 50-day high; Reliance falls most

The BSE Sensex jumped nearly 150 points to close above the key 17,000 level, while the Nifty index closed above the crucial 5,150 mark, considered to be a strong support. Markets ended at the highest level since May 3, 2012.Markets broke out a tight range in the last hour of trade. Stocks gained despite the rupee hitting a record low in trade and adverse global cues. World markets declined after the Fed disappointed overnight, saying...