Sensex, Nifty Rise To Near 3-Month Highs, Axis Bank Surges 9%
Sensex and Nifty closed at their highest levels in nearly three months today, boosted by strong gains in bankingstocks and market heavyweight Reliance Industries. The BSE benchmark index Sensex surged 256 points to end at 34,969 while the NSE Nifty finished at 10,692, up 74 points. Reliance Industries, which is expected to report a higher quarterly profit later in the day, rose over 2 per cent. Among the banking stocks, Axis Bank surged 9 per cent while SBI gained 4 per cent. ICICI Bank also rose over 3 per cent. Positive management guidance helped Axis…
Read More