Sensex jumps 623 points to end day at 62,496; Nifty touches 18,495 points as FIIs scale up buying

Thanks to increased buying by Foreign Institutional Investors, Sensex surged 623 points to end the week at 62,496. Nifty also went up by 0.94 per cent to hit 18,495 points at close, buoyed by a rebound for global markets and gains made by US stocks.