Markets rally in last hour, post handsome gains
The 30-share sensitive index BSE shot up during the last session. The Sensex stood at 9,976.98 points after crossing the 10,000-point level just before close.business Updated: Dec 16, 2008 16:55 IST
Indian equities markets surged in the last trading hour with a key index closing (provisionally) 1.47 per cent higher than its previous close.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) shot up during the last session, closing 144.59 points or 1.47 per cent higher than Monday's close.
The Sensex stood at 9,976.98 points after crossing the 10,000-point level just before close.
The broader-based 50-share S&P CNX Nifty of the National Stock Exchange (NSE) also rose sharply and closed at 3050.35 points or 2.32 per cent higher.
Broader market indices continued outperforming the Sensex with the midcap index closing 2.5 per cent higher than Monday's close, while the smallcap index rose 3.21 per cent over its previous close.
First Published: Dec 16, 2008 16:51 IST