Sensex zooms 364 pts, Nifty tops 8,600 on BoE stimulus push
August 05, 2016 17:04
In sync with strong global stocks after the Bank of England announced a rate cut and fresh stimulus, the Sensex rallied 364 points to close above 28,000, helped by auto and oil and gas.
For the week, both indices -- the Sensex and the Nifty -- rose 26.49 points, or 0.09 per cent, and 44.65 points, or 0.51 per cent, respectively. Trading in the green throughout the day, the benchmark BSE Sensex added 363.98 points, or 1.31 per cent, to end at 28,078.35 after shuttling between 28,110.37 and 27,795.74.
It had gained 16.86 points in yesterday's choppy session. This is the biggest single-session gain since July 11 when it had gained 499.79 points.
Image: The Sensex today/KBK Graphics.
For the week, both indices -- the Sensex and the Nifty -- rose 26.49 points, or 0.09 per cent, and 44.65 points, or 0.51 per cent, respectively. Trading in the green throughout the day, the benchmark BSE Sensex added 363.98 points, or 1.31 per cent, to end at 28,078.35 after shuttling between 28,110.37 and 27,795.74.
It had gained 16.86 points in yesterday's choppy session. This is the biggest single-session gain since July 11 when it had gained 499.79 points.
Image: The Sensex today/KBK Graphics.
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