Sunday, February 25 2018

January 23, 2018

Sensex closed above the 36k and Nifty50 sweeps past 11k

Mumbai- Continuous gains for the fifth consecutive session, the key Indian equity indices rode the bulls and escalated to record highs with the BSE Sensex closing above the 36,000-mark and the NSE Nifty50




above the 11,000-mark for the first time.Sentiments were given a boost by the country’s healthy economic growth outlook projected by the International Monetary Fund (IMF) and optimism over the Union Budget to be presented next week said Market observers.Apart from positive global cues and influx of foreign funds, the bull run of the benchmark indices was also sustained by upbeat quarterly corporate earnings and healthy buying in metals, banking and oil and gas stocks.