Sensex soars over 450 pts, Nifty above 18,000; Vedanta picks Gujarat to set up semiconductor plant; more

Equities jumped to a 5-month high with the Nifty above 18,000 for the first time since April. The Sensex rallied 455 points and the Nifty rose more than 133 points to close above the key 18,000-mark as foreign institutional investors continued to be bullish on the domestic market.

Continuing its rally for the fourth straight session, the 30-share Sensex rose 455.95 points to close at 60,571.08 points.

The broader Nifty climbed 133.70 points to settle at 18,070.05 points.