Market Closing Bell: Nifty settles above 9,300, Sensex surges 996 points; Axis Bank jumps 14% Updated : May 27, 2020 03:42 PM IST The Sensex ended 996 points higher at 31,605, while the Nifty rose 286 points to settle at 9,315. Axis Bank surged over 14 percent on reports that private equity group Carlyle may invest $1 billion for an 8 percent stake in the bank. Three of the top five gainers included financial names. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.