Sensex surges 813 pts, Nifty above 17,300
India Today
The BSE Sensex surged 813 points to reclaim the 58,000-level while the Nifty breached the 17,300-mark on Monday on account of intense buying across sectors after the Economic Survey 2021-22 projected healthy growth for the economy in the near term.
The BSE Sensex surged 813 points to reclaim the 58,000-level while the Nifty breached the 17,300-mark on Monday on account of intense buying across sectors after the Economic Survey 2021-22 projected healthy growth for the economy in the near term.
A positive opening in European markets and a firm trend in Asian equities also supported the domestic bourses, traders said.
The 30-share BSE Sensex opened with significant gains and kept its momentum throughout the session. It finally closed at 58,014.17, clocking a gain of 813.94 points or 1.42 per cent.
Likewise, the NSE Nifty rallied 237.90 points or 1.39 per cent to end at 17,339.85.
In the Sensex pack, major gainers were Tech Mahindra, Wipro, Bajaj Finserv, Infosys, SBI and PowerGrid.
On the other hand, IndusInd Bank, Kotak Bank and HUL closed in the red.
The Economic Survey on Monday said India's economy is expected to grow by 8-8.5 per cent in the fiscal beginning April 1 and is well placed to meet the future challenges on the back of widespread vaccine coverage, supply-side reforms and easing of regulations.
