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Nifty touches 6,000 for the first time since February

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Reuters MUMBAI
Last Updated : May 02 2013 | 1:40 PM IST

MUMBAI (Reuters) - The Nifty went over the psychologically important 6,000 level on Thursday, the first time since February 4, on expectations of monetary easing and a dovish stance by the Reserve Bank of India (RBI) at its May 3 meeting, after a recent slump in commodity prices.

The 50-stock Nifty was up 1.3 percent and hovering around the 6,000 levels. The BSE Sensex was up 1.25 percent at 1:28 p.m.

(Reporting by Abhishek Vishnoi in Mumbai; Editing by Prateek Chatterjee)

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First Published: May 02 2013 | 1:28 PM IST

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