Friday, February 28, 2025 | 01:19 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Sensex hits 15-month high on second phase of reforms

Image

Press Trust of India Mumbai

The BSE benchmark index, which has added over 488 points in the past four sessions, rose by 27.96 points, or 0.15 per cent, to 19,086.11 points.

The wide-based National Stock Exchange index Nifty, edged up by 5.35 points, or 0.09 per cent, to 5,793.05.

Brokers said continued by funds and retail investors after the government yesterday decided to open the pension sector to foreign investment and raising the FDI cap in insurance to 49 per cent from 26 per cent, undeterred by opposition to its decisions on FDI in retail and threats to block these legislations.

A firm trend in Asian markets too supported buoyed the sentiment, they added.

 

In Asian region, Japan's Nikkei was up by 0.42 per cent, while Hong Kong's Hang Seng gained 0.32 per cent in early trade today.

The US Dow Jones Industrial Average had ended 0.60 per cent higher in yesterday's trade.

  

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 05 2012 | 12:36 PM IST

Explore News