After govt brings law on bad loans, sensex surges to a new high

Sensex

NewsMantra Bureau

New Delhi:The Sensex at the Bombay Stock Exchange surged 231 points, to close at 30,126 on Thursday. The Nifty at the National Stock Exchange jumped 48 points, to a fresh record closing high of 9,360. Earlier in the day, the domestic stock markets opened with good gains in morning, and after consolidating its gains, the Sensex at the Bombay Stock Exchange had climbed 228 points, or 0(point)8percent, to 30,123 ultimately closing at 30,126.

The Nifty at the National Stock Exchange had climbed 38 points, to 9,350 and closing at the new record of 9360. Stocks rose, led by banks, after key economic decisions by the government, including the move to bring an ordinance to deal more effectively with bad loans in the banking sector.

But at the forex market, the rupee had depreciated 4 paise, to 64.19 against the dollar in afternoon deals.

Add comment


Security code
Refresh