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Markets at 7-month high: Sensex crosses 40,000; Nifty trades at 11,856

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      Equity markets surged in the morning trade on Thursday led by huge gains in IT stocks.

      At 9:25 am, the Sensex was 429 points higher at 40,308. The BSE benchmark index crossed the 40,000-mark for the first time since February. Similarly, the Nifty 50 index jumped a percent to trade at 11,856.

      TCS, Wipro, HCL Tech, Tech Mahindra and Infosys were the top market movers.

      The US markets also posted a sharp rally on Wednesday with Dow Jones ending almost 2% higher.

      BSE

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      Markets at 7-month high: Sensex crosses 40,000; Nifty trades at 11,856

      Markets at 7-month high: Sensex crosses 40,000; Nifty trades at 11,856

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