Sensex up 1000 pts, Nifty tops 16,900 in Fed relief rally; IT, Finance shine

- Share Market LIVE Update: Benchmark indices rallied on Thursday and jumped almost 2% after Fed's indicated lower rate hikes in the future. Sensex gained 1000 points and Nifty around 290 in today's session. IT and finance stocks gained the most, whereas Bharti Airtel ended in the red. Asian and European stocks are also in green on Thursday.