Share Market Live: Sensex jumps 200 points, Nifty above 11,500; Federal Bank gains 2%

Share Market LIVE: Equity indices turned bullish by Thursday’s afternoon session, with Sensex rising over 200 points and Nifty back above 11,500 mark for the first time in October, amid heavy buying pressure in media and private banking scrips. In domestic cues, market participants awating Q2 figures, hoping an hike to companies’ second-quarter earnings based on government’s corporate tax cut last month. Sensex has risen 150 points higher to 38,739 and Nifty 50 trades 24 points higher at 11,488.