Nifty; Sensex post biggest one day gain in 3 months.

Bullish Market

The BSE Sensex & NSE Nifty posted their biggest daily percentage gains this year on growing hopes the RBI will cut interest rates later this month, which boosted rate-sensitive stocks such as ICICI Bank and Tata Motors.

ICICI Bank gained 3.3 per cent, while Tata Motors ended up 3.7 percent.

The BSE Sensex rose 265 points or 1.4 per cent at 19,143, while the 50-share Nifty rose 86 points to 5,784, posting their biggest daily gains since November 29.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s