Sensex Zoms 1,148 points, Nifty 15,200 points; To show financial theft

Sensex Zoms 1,148 points, Nifty 15,200 points;  To show financial theft

Foreign investors bought equities worth 3 2,223.16 crore in the Indian capital market on a net basis on Tuesday, exchange data showed.

Continuing its winning run for the third consecutive season, the BSE Sensex rose nearly 1,148 points to break the 51,000 level and the NSE Nifty captured the 15,200 mark on Wednesday, through intense buying in financial and energy stocks.

On the closing bell, the 30-share Sensex rose 1,147.76 points, or 2.28%, to 51,444.65 – the largest single-day rise since February 2. Intra-day, the index peaked at 1,243 points.

Similarly, the NSE Nifty climbed 326.50 points or 2.19% to close at 15,245.60 points.

The Sensex rally was conducted by Bajaj Finserv, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. 27 out of 30 Sensex stocks closed in the green.

Foreign investors bought equities worth 3 2,223.16 crore in the Indian capital market on a net basis on Tuesday, exchange data showed.

Elsewhere in Asia, stock markets raised gains despite an overnight return to Wall Street on Wednesday.

Meanwhile, Brent futures rose 1.84% to $ 63.77 per barrel.

On the forex market front, the rupee rose 65 paise to close at 72.72 against the dollar.

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