Stock markets start new fiscal on a high, sensex reclaims 50,000-level
The Hindu
IndusInd Bank, Kotak Bank, ICICI Bank, Sun Pharma, Bajaj Finance and Ultratech Cement were prominent gainers.
Indian equities started the new fiscal year on a strong note on Thursday, with the BSE Sensex surging over 520 points to settle above the 50,000-level on across-the-board buying by participants amid positive global cues. At the closing bell, the 30-share BSE index quoted 520.68 points or 1.05% higher at 50,029.83. Similarly, the broader NSE Nifty rose 176.65 points or 1.2% to settle at 14,867.35.
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