BSE Sensex surges 371 pts to cross 21,000-mark, Reliance Industries share price jumps on gas price hike
- 15 security personnel killed as Naxals attack CRPF convoy in Chhattisgarh
- Malaysia military believes it has tracked missing jet over Strait of Malacca
- Bhagwat cautions RSS cadres against crossing limits for BJP
- Narendra Modi's new found love for Bihar a ploy to win votes: Nitish Kumar
- Dalit teen canât pay to cheat in exam, immolates himself
Shrugging off fears linked to a trimmed US stimulus, the BSE Sensex today shot up by 371.10 points -- its best gain in nearly a month -- on account of smart jump in Reliance Industries (RIL) on government nod for higher gas prices and good buying in bluechips from banking, IT and auto sectors.
Overall on the BSE, 1,522 stocks -- or about six out of every ten traded -- closed in the green, helping investor wealth surge by Rs 1 lakh crore in the session. Oil & gas and realty led 12 out of the 13 sectoral indices higher.
The benchmark Sensex, which had lost 151 points in the previous session, surged by 371.10 points, or 1.79 per cent to end at 21,079.72. This is the best gain since the index rose by 387.69 points on November 25. For the week, the Sensex rose by 364.14 points, the best gain in three.
Reliance Industries led the rally in refinery sector by surging 4.58 per cent after the Cabinet decided to allow the energy major to double the price of natural gas from April. Oil & Natural Gas Corp (ONGC) also spurted 3.93 per cent. HDFC Ltd, ICICI Bank, Tata Consultancy Services (TCS), Mahindra & Mahindra Ltd
and Hindustan Unilever (HUL) were among the 27 winners in 30-share Sensex.
The broad-based National Stock Exchange index Nifty shot up by 107.6 points, or 1.74 per cent, to 6,274.25. Also, the SX40 index of MCX Stock Exchange jumped by 189.01 points to end at 12,525.54.
- Eight held for ‘attacking’ Dalit wedding procession in Sabarkantha
- 90 airports on alert to check movement of cash ahead of elections
- Notices to 23 hospitals for withdrawing facility
- Sindhis threaten to move HC if Sindhu Sagar not cleaned
- In Mumbai, teacher’s love story with student ends in her arrest
- Govt dismisses AAP allegations
- AAP workers stage protest outside Kejriwal’s residence over ticket distribution
- BJP boycotts NDTV over news gaffe | The Indian Express
- Out of the promised 50,000 homes for the poor, not even 50 constructed in Gujarat by BJP: Kejriwal
- Kejriwal Gujarat tour: The unfamiliar politician | The Indian Express