Sensex Rises 704 Points, Nifty At 12,461 As Markets Soar To Record Closing Highs

The Sensex ended 704.37 points - or 1.68 per cent - higher at 42,597.43, and the Nifty settled at 12,461.05, up 197.50 points - or 1.61 per cent from its previous close. Those recorded the highest closing levels for both indices.  Divi's Laboratories, Bharti Airtel, IndusInd Bank, ICICI Bank and Axis Bank, closing between 4.78 per ent and 5.49 per cent higher, were the top gainers in the Nifty basket of 50 shares. On the other han...