Sensex surges 457 points, Nifty crosses 8,200 mark amid global rally

Sensex staged a strong comeback on Thursday by rising over 400 points to close at 26,694.28 points.
Sensex, Nifty crosses, NSE, BSE Source: REPRESENTATIVE IMAGE
India TV Business Desk Mumbai December 08, 2016 16:01 IST

The benchmark Sensex staged a strong comeback on Thursday by rising over 400 points on widespread buying by participants tracking a global market in anticipation of the European Central Bank extending stimulus. 

Also, the broader NSE Nifty again went past the key 8,200-mark in the process. 

The 30-share index surged 457.41 points to close at 26,694.28 with all the sectoral indices led by metal, auto, PSU and capital goods trading in the green, rising by up to 1.74 per cent. 

The gauge had lost 155.89 points yesterday following the Reserve Bank's decision to leave interest rates unchanged that caught the market by surprise. 

Also, the NSE Nifty regained the key 8,200-mark by surging 144.80 points or 1.79per cent to close at 8,246.85. 

Brokers said widespread purchases made by investors as well as foreign funds, triggered by surging equities at other Asian bourses after US stocks hit fresh highs and hopes that ECB will extend its stimulus amid optimism about the American economy after the presidential election mainly bolstered trading sentiments here. 

Related Tags: SensexNiftyNSEBSE
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