Sensex regains 20k level, surges 240 points
MUMBAI: The BSE benchmark sensex on Tuesday regained psychological 20,000 mark by soaring 240 points in opening trade as banking stocks led rally after the Reserve Bank reduced the marginal standing facility rate to improve liquidity in the system.
The 30-share index, which had lost nearly 21 points in Monday's trade, gained 239.62 points, or 1.20 per cent, to trade at 20,134.72 with all sectoral indices trading in the positive zone rising up to 3.59 per cent.
The wide-based National Stock Exchange index Nifty rose by 63.35 points, or 1.07 per cent, to trade at 5,969.50.
nagesh dubey
pgdm 1st
The 30-share index, which had lost nearly 21 points in Monday's trade, gained 239.62 points, or 1.20 per cent, to trade at 20,134.72 with all sectoral indices trading in the positive zone rising up to 3.59 per cent.
The wide-based National Stock Exchange index Nifty rose by 63.35 points, or 1.07 per cent, to trade at 5,969.50.
nagesh dubey
pgdm 1st
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