Sensex zooms by 520 points; Nifty reclaims 5,800

Mumbai: The BSE benchmark Sensex on Friday jumped up by a staggering 520 points, its biggest single-day gain in 22 months, to close above the 19,000-mark, led by a rally in energy sector stocks, after the government approved nearly doubling of natural gas prices, amid sharp recovery in rupee. The 30-share index started the day […]

Sensex hits 18,000 on rate cut hopes, German court verdict

Mumbai: Rising for sixth straight day, Sensex on Wednesday jumped 147 points to close above 18,000 level for the first time since February 23 on hopes of an imminent rate cut after a muted IIP growth in July, amid rise in global stocks. The BSE benchmark index resumed higher at 17,916.13 and shot up further […]