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Business News- Times Now<http://forums.investorline.co.in/aggregator/sources/106>- *3 hours 37 min* ago p align=justifyThe benchmark Sensex today (October 31)surged by a whopping 815 points at 1130 hrs on the back of firm Wall Street cues, declining inflation and good buying on the first day of new derivatives contract.brbrThe Bombay Stock Exchange 30-share bellwether index resumed with an upside gap of over 300 points and rallied further to quote at 9,859.25 at 1130 hrs, a smart rise of 814.74 points over previous close.brbrSimilarly, the Samp;P CNX Nifty of the National Stock Exchange also spurted by 224.30 points to 2,921.35 at 1130 hrs from last close.brbrFall in inflation to 10.68 per cent for the week ended October 18, from 11.07 per cent in the previous week, showing a decline for the fifth successive week mainly boosted the market sentiment, brokers said.brbrUS Federal Reverse's aggressive decision to cut key interest rates by 50 basis points to support the worldwide economic downturn also partly aided the uptrend.brbrOn Wall Street yesterday, the Dow Jones Industrial Average and the Nasdaq Composite Index rose by 189.73 points and 41.31 points respectively, while Asian indices displayed a mixed pattern of trading this morning.brbrThe rally was so strong that all 30 Sensex-based shares were quoting remarkably higher and all the sectoral indices were trading up by nearly 2.5 per cent to 9.0 per cent.brbrIT, metal, refinery and banking counters were at the centre stage. brbrPTI/p Categories: Business<http://forums.investorline.co.in/aggregator/categories/4>, Capital Market <http://forums.investorline.co.in/aggregator/categories/5>, Corporate News <http://forums.investorline.co.in/aggregator/categories/11>, Economy<http://forums.investorline.co.in/aggregator/categories/12>, India <http://forums.investorline.co.in/aggregator/categories/43>, Industry<http://forums.investorline.co.in/aggregator/categories/20>, Inflation <http://forums.investorline.co.in/aggregator/categories/21>, International Business <http://forums.investorline.co.in/aggregator/categories/23>, International News <http://forums.investorline.co.in/aggregator/categories/24>, USA<http://forums.investorline.co.in/aggregator/categories/46> Create your free blog and express yourself - http://iwebslog.com News - http://central.iwebslog.com --~--~---------~--~----~------------~-------~--~----~ Get latest market updates & search internet right from your browser-download our toolbar here- http://investorline.ourtoolbar.com/ Visit our site at – http://investorline.co.in/ Newsroom: http://newsroom.investorline.co.in/ Learning Center- http://learning.investorline.co.in/ Mutual funds - http://mutualfunds.investorline.co.in/ Life Insurance - http://insurance.investorline.co.in/ Investor Journal - http://research.investorline.co.in/ Newscatcher- http://catcher.investorline.co.in/ Interested in Financial Planning-Let us Contact you- http://spreadsheets.google.com/viewform?key=pb_z4f1_zGMg4iBBFT3-SWQ&email=true If you like the site then promote it here- https://www.freetellafriend.com/tell/?url=http://investorline.co.in/blogs/news Create your own free blog on- http://investorline.co.in/blogger Visit this group at http://groups.google.com/group/india-investor -~----------~----~----~----~------~----~------~--~---
