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Sensex jumps 685 points; Infosys, HDFC Bank, HCL Technologies soar

The 30 stock S&P BSE Sensex closed 684.64 points or 1.20 per cent higher at 57,919.97 points against its previous day's close at 57,235.33 points. Earlier, the Sensex started the day sharply higher at 58,162.74 points and surged to a high of 58,435.12 points in the intra-day. The Sensex pared part of the gains due to profit-taking in the last hour of the trade. It touched a low of 57,848.23 points in the intra-day.

Bumper Diwali spending of Rs 2.5 lakh crore expected: CAIT

The ongoing Diwali festival season is all set to bring cheers for the trading community of the country as it is expected that there will be a fresh infusion of about Rs 2.5 lakh crore in the markets by way of shopping and sale of goods and usage of services, said the Confederation of All India Traders (CAIT).