Sensex rebounds 424 points on global leads; Nifty above 7,600.
The China factor, for a change, gave markets some cheer Tuesday as a late surge in Chinese equities propelled the benchmark BSE Sensex by 424 points, which signed off above the psychological 25,000-level.
The rub-off effect was visible on the NSE Nifty, which too picked up.
The meeting of the Prime Minister Narendra Modi with industry captains, bankers and economists to discuss ways and means to support the economy amid a global slowdown gave investors a lot to chew on, which in turn boosted sentiment.
The China factor, for a change, gave markets some cheer Tuesday as a late surge in Chinese equities propelled the benchmark BSE Sensex by 424 points, which signed off above the psychological 25,000-level.
The rub-off effect was visible on the NSE Nifty, which too picked up.
The meeting of the Prime Minister Narendra Modi with industry captains, bankers and economists to discuss ways and means to support the economy amid a global slowdown gave investors a lot to chew on, which in turn boosted sentiment.
No comments:
Post a Comment