Markets surge on 4th day led by bank stocks
India, July 7 -- Stock markets extended the gaining streak to the fourth day on Monday, with the benchmark Sensex rising by 521 points to settle at a more-than-two-month high, driven by buying in blue-chip bank and oil shares and lower crude oil prices.
The 30-share BSE Sensex jumped 521.16 points, or 0.67 per cent, to settle at 78,285.07, a closing level not seen since April 22. During the day, it surged 634.15 points, or 0.81 per cent, to 78,398.06.
The 50-share NSE Nifty climbed 159.50 points, or 0.66 per cent, to end at 24,430.35, the highest closing level since April 21.
In four consecutive trading days, the BSE benchmark has jumped 1,806.4 points, or 2.36 per cent, and the Nifty by 564.6 points, or 2.36 per cent.
Fresh foreign f...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.