Sensex Rises 600 Points, Nifty Hovers Near 17,500: Midday Market Update

India’s stock benchmarks advanced, aided by broad-based gains across sectors led by energy, FMCG, industrials, information technology, telecom, power, auto, banking, capital goods and realty stocks amid a rebound in global equities.The Sensex jumped over 600 points, or 1%, to 59,014.72 on the BSE, while the Nifty 50 also gained over 1% to hover around 17,500 on the NSE. Among Nifty 50 constituents, 42 stocks rose, seven fell, and one…