Web Analytics Business News This Week Sensex touches psychological 19,000 mark | Business News This Week

Nov 29, 2012

Sensex touches psychological 19,000 mark

IN · · Leave a Comment
Sensex  touches psychological 19,000 mark
Business News: BSE Sensex and NSE gained higher points on Thursday following positive sentiments and speculation over further economic reforms by the Goverment of India.

The rating agency Goldman Sachs has raised the rating to "overweight" from "market-weight", which sent positive sentiment in the market and build confidence among investors over the recovering economy from the clutches of global slowdown.

In the intraday trading, the BSE Sensex has touched 52 week high by reaching to the  19,137.29 points. At 14:52 pm, the BSE Sensex was at 19,110.57 points with 268.49 ( +1.42% ) points up. 

The the up gradation of rating by the agency Goldman Sachs has pushed the markets up. Nifty was at 5,802.15 with 74.70 (1.30%)  up points at 14:52 pm on Thursday. The speculation about continuation of reforms by the UPA government has zoomed the stock markets in India. 

The markets have gained consecutive for last two days following the positive sentiments.


Post a Comment