Positive cues buoy markets; Sensex closes 311 points up

Mumbai, Sep 3:

A rebound in global exchanges coupled with notification of the latest reform in the retrospective tax regime buoyed investor sentiments leading to a barometer index provisionally closing 311 points up on Thursday.

The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) provisionally closed with gains of 311.22 points or 1.22 percent.

A similar trajectory was witnessed at the wider 50-scrip Nifty of the National Stock Exchange (NSE). The CNX Nifty closed with gains of 106 points or 1.37 percent at 7,823 points.

The S&P BSE Sensex, which opened at 25,614.69 points, provisionally closed at 25,764.78 points (at 3.30 p.m.) — higher by 311.22 points or 1.22 percent from the previous day’s close at 25,453.56 points.

The Sensex touched a high of 25,835.41 points and a low of 25,555.77 points in the intra-day trade. (IANS)