MARKET SUMMARY
Key benchmark indices climbed to close at its best in five months on
the back of strong global cues. Index jumped in the opening trade, led
by heavyweights like Reliance Industries, ICICI Bank, HDFC, L&T and
ONGC leading from the front, after positive U.S. data boosted optimism
the global economy had turned a corner. Investors are also expecting
that G-20 meet help the major global economies to revive from the
global recession. Index has further gained ground on the back of all
round buying witnessed in the scrips across the sectors due to strong
opening in the European market and US index future. Inflation rose
slightly in the third week of March as against expectations of further
decline, halting its slide towards sub-zero levels. Sensex today
crossed the psychological 10,000 mark and Nifty index closed above the
3,200 mark. Finally, the Sensex surged 446 points to close at 10,349
and the Nifty surged 150 points at 3,211.
More details http://www.16anna.com/market.asp
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