Sensex snaps three-day losing streak amid optimism over US debt ceiling talks

Mumbai (Maharashtra) [India], May 19 (ANI): Key indices of the domestic markets made gains as IT, auto and financial stock surged on Friday. Strong global cues prevailed during the start of the session as US debt ceiling talks seemed to have a positive effect on US markets.

BSE 30-share Sensex jumped 298 points and settled at 61,729.68 and NSE Nifty 50 surged 73.45 points and ended at 18,203.40 on Friday.

In the broader m