India, Oct. 29 -- Benchmark stock indices Sensex and Nifty rallied more than 1 per cent on Thursday, led by heavy buying in banking, FMCG, and IT shares, amid easing crude oil prices and a pause in US Federal Reserve rate hikes.

The 30-share BSE Sensex jumped 905.01 points, or 1.24 per cent, to close at a more-than-a-week-high of 74,151.04. As many as 26 Sensex shares advanced and four closed lower.

The 50-share NSE Nifty settled 237.90 points, or 1.05 per cent, higher at 22,936.75.

Among the Sensex constituents, Adani Ports emerged as the biggest gainer by rising over 5 per cent after the company reported an 18 per cent increase in consolidated net profit to Rs 3,682.44 crore for the September quarter, driven by higher revenue.

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