Sensex, Nifty Up 1%; Banks Lead, ONGC & Oil India Rally

The Sensex jumped 320.59 points or 1.19 percent to 27331.90, and the Nifty rallied 94.90 points or 1.16 percent to 8276.40. About 1642 shares have advanced, 486 shares declined, and 113 shares are unchanged on the BSE. 10:20am FII View : Chris Wood, CLSA said Greed & Fear is going to make some small adjustments in the Asia Pacific (ex-Japan) relative-return portfolio this week. 

The weightings in India and Vietnam will be increased by 1 percentage point each, with the money being raised by shaving 1 percent point each from Hong Kong and Indonesia, he added.

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