Tag Archives: Rallies

Sensex Rallies 464 Points on Buying in Banking Shares

The stock markets rallied for the second straight day on Wednesday on the back of buying in banking shares. The Sensex surged 464 points to close at 24,243 and Nifty rose 147 points to close at 7,369. Banking shares came in high demand after the Reserve Bank of India said it would ease capital requirement rules. Investors also drew comfort ... Read More »

Sensex Gains for Third Day, Rallies 364 Points; Nifty Settles above 7,450

The Sensex and Nifty rallied for third day in a row on the back of broad-based buying amid firm global cues. In the last three trading sessions, the Sensex has surged over 1,600 points and Nifty has moved closer to its crucial psychological level of 7,500. For the most part of the day, the stock markets traded on a firm ... Read More »