Sensex surges 174 pts, Nifty reclaims 8,600-mark

January 20, 2015 11:31

The S&P BSE Sensex surged by nearly 174 points, while the broader CNX Nifty reclaimed the 8,600-mark after over six weeks in late morning trade today on across-the-board buying by participants amid positive Asian cues.

Firm buying was witnessed in metal, realty, banking, power, oil and gas and IT sector stocks apart from MidCap and SmallCap shares.

Investor sentiments remained upbeat with the Apex bank's surprise rate cut last week coupled with encouraging Q3 earnings amid persistent FII inflows.

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