Economic Survey 2013 powers Sensex 192 pts
- Spot-fixing: Petition in SC seeks stay on IPL matches, seeks SIT probe
- India, China call for end to incursion issue, sign 8 deals to boost ties
- Sanjay Dutt spends restless nights as officials yet to decide on his jail
- Aarushi murder case: Rajesh Talwar claims he was asleep when killings took place
- Railgate: BJP protests against CBI DIG for shielding Pawan Bansal
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.
- Former Ranji player among 3 more held
- Rajasthan Royals to file FIR against tainted trio
- If found guilty, BCCI to ask ICC to erase Sreesanth records
- Top cops among 42 named in death of blast accused
- Manmohan-Li talks: PM takes tough line on incursion issue
- Security forces blame Maoists, villagers say CoBRA man was killed in 'friendly fire'