Sensex surges 352 points to close at 32,949.21, Nifty reclaims 10,100-mark

Sensex had lost 205 points on Wednesday after the Reserve Bank of India (RBI) held the policy rate and raised the inflation forecast for the remainder of the fiscal

PTI December 07, 2017 16:50:01 IST
Sensex surges 352 points to close at 32,949.21, Nifty reclaims 10,100-mark

Mumbai: Benchmark Sensex rebounded by over 352 points to close at 32,949.21 on Thursday as investors piled into recently beaten down bank, auto and metal counters.

The broader Nifty too ended above the key 10,100-level.

Sensex surges 352 points to close at 3294921 Nifty reclaims 10100mark

Representational image. Reuters

The 30-share Sensex stayed in the green throughout and hit the day's high of 32,992.45 following all-round buying. It finally ended at 32,949.21, up 352.03 points, or 1.08 percent -- its biggest single-day gain since 1 November, when it had surged 387.14 points.

This is also the benchmark's highest closing since 30 November, when it had finished at 33,149.35.

The index had lost 205 points on Wednesday after the Reserve Bank of India (RBI) held the policy rate and raised the inflation forecast for the remainder of the fiscal.

The broader NSE Nifty also soared 122.60 points, or 1.22 percent, on Thursday to close at 10,166.70 after shuttling between 10,182.65 and 10,061.90.

This is its biggest single-day jump since 25 May, when it had gained 149.20.

Updated Date:

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