Sensex zooms 487 points to hit fresh record closing; Nifty eyes 14,500

Equity indices continued to march higher tracking gains in IT stocks and massive foreign fund inflow. The benchmark BSE sensex jumped 487 points or 1 per cent to hit fresh record closing of 49,269; while the broader NSE Nifty moved 138 points or 0.96 per cent higher to settle at 14,485.