Bullish Sensex gais 551 points
The benchmark Sensex of the Bombay Stock Exchange on Tuesday gained over 550 points to regain the 15,000 points level after 19 days of bearish trend. Analysts attribute this upward surge on falling crude oil prices which eased concerns of high inflation and raised hopes of steady lending rates.
The 30-share Sensex shot up by 551.35 points to settle at 15,049.86, a level not seen since August 13 when the barometer closed at 15,093.12 points.
The wide-based National Stock Exchange index Nifty also spurted by 155.35 points, or 3.57 per cent, to 4,504.00 points.