Sensex surges around 300 points, set to snap three-day losing streak

Mumbai: The BSE Sensex jumps around 300 points and Nifty gains over 80 points. Markets are set to snap three days of losses. Minutes from the Fed's meeting suggested concerns about the economy, which may delay rate hikes.

Hindalco Industries gains 4.5 per cent after global rival Alcoa Inc's earnings beat forecasts.