Indian equity benchmark indices rose for the 6th consecutive day ending at their highest in nearly 8 months on Thursday. The Sensex hit 40000-mark for first time since February. The 30-share index Sensex ended at 40,182.67, gaining 303.72 points or 0.76%. The Nifty closed at 11,834.60, gaining 95.75 points or 0.82%. A good start to Q2 result led by the IT & BFSI sector, along with positive announcements like buyback has lifted market sentiments At the same time, expectation of a stimulus in India ahead of festive season have also contributed to the widespread optimism.
Indian equity benchmark indices rose for the 6th consecutive day ending at their highest in nearly 8 months on Thursday. The Sensex hit 40000-mark for first time since February. The 30-share index Sensex ended at 40,182.67, gaining 303.72 points or 0.76%. The Nifty closed at 11,834.60, gaining 95.75 points or 0.82%. A good start to Q2 result led by the IT & BFSI sector, along with positive announcements like buyback has lifted market sentiments At the same time, expectation of a stimulus in India ahead of festive season have also contributed to the widespread optimism.