Sensex gains for 8th consecutive day: reaches 11,000+
The Bombay Stock Exchange (BSI) benchmark Sensex on Wednesday surged by over 317 points to maintain an eight-day-long continuous rally to settle above 11,000, for the first time in 6 months.
The Sensex, which lost nearly 248 points initially, bounced back to wipe off early losses and closed higher by 317.51 points at 11,284.73, a level last seen on October 15.
The key index has climbed 34 % since falling to its lowest level in more than three years on March 9.
The 50-share National Stock Exchange index Nifty rose by 101.55 points at 3,484.15, after reaching the day’s high of 3,497.55 points.