Stock Market LIVE updates: Sensex jumps 427 points as pharma, oil & gas shares surge; Nifty settles above 16,450

Dr Reddy’s was the largest gainer within the Sensex pack, spurting 3 per cent, adopted by Reliance Industries, Bharti Airtel, Tech Mahindra, Solar Pharma and Kotak Mahindra Financial institution. Then again, Tata Metal, NTPC, SBI and Bajaj Finance have been among the many important losers, shedding as much as 3.81 per cent.