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Tuesday, September 6, 2016

Sensex zooms 446 points; Nifty hits 18-month high on weak US jobs data Tuesday Sep 06,2016


The benchmark BSE Sensex surged nearly 450 points and the broader NSE index jumped as much as 1.6 %  to an 18-month high as tepid US payrolls data last week tempered expectations of a September rate hike by the Federal Reserve.

The 30-share BSE Sensex resumed higher and continued its upward journey to cross the 29,000-mark for the first time since April 15, 2015, and touched a high of 29,013.40 before concluding at 28,978.02, a significant gain of 445.91 or 1.56 per cent. 

The NSE Nifty again went past the 8,900-mark to touch a high of 8,950.85 and finally settled 133.35 points or 1.51 % higher at 8,943.00 after earlier hitting its highest since March 5, 2015

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