Economic Survey 2013 powers Sensex 192 pts
- IPL spot-fixing case: Actor Vindoo Dara Singh arrested in Mumbai
- IPL 2013 LIVE SCORE: Chennai Super Kings bat, Sachin Tendulkar still out
- Pune Warriors withdraw from IPL, 'disgusted' by BCCI's attitude
- IPL spot fixing: How Sreesanth splurged money on girlfriend
- Li Keqiang visits TCS, Cyrus P Mistry says China important for growth of Tata Group
The BSE benchmark Sensex surged 192 points at midsession today on funds buying after the Economic Survey 2012-13 revealed the economic growth recovering amid a firming global trend.
After a better start, the Sensex advanced 191.93 points, or 0.01 per cent, to 19,207.07 led by realty and capital goods.
Similarly, the broad-based National Stock Exchange index Nifty shot up by 53.80 points, or 0.93 per cent, to 5,815.15.
It had dropped 1.6 per cent yesterday, the steepest single day loss in seven months.
Brokers said the market sentiment buoyed by the economic survey projections of 6.1 to 6.7 per cent growth rate for 2013-14.
They said the upsurge was further supported on firming trend in the Asian region after the US Fed affirmation of its commitment to monetary stimulus.
Market major Reliance Industries gained 1.75 per cent to Rs 838.35 and Larsen and Toubro, largest engineering company, shot up by 3.43 per cent to Rs 1,414.20.
- 'Sophisticated' Indian cyberattacks targeted Pak military sites: Report
- Talkative Li quoted Weber, Hegel, Jobs, said PM is large-hearted
- Bihar food corp ends up with chaff as rice worth Rs 535 cr vanishes from mills
- In 7 lucrative minutes on May 9, Sreesanth bowled 6 balls, bookie made Rs 2.5 cr
- India and China ask border envoys to work on more steps
- Former Ranji player among 3 more held