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Saturday 01 November 2014
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Nifty breaches 6,000 for first time since Jan 2011

MUMBAI,Jan 2, 2013 , (Reuters) -

The Nifty rose 0.8 percent on Wednesday to breach the 6,000 mark for the first time in two years after the U.S. House of Representatives approved a deal on the so-called fiscal cliff, sparking broad-based buying.

Banking shares led the gainers as hopes of a January rate cut gathered steam. ICICI Bank (ICBK.NS) rose 0.9 percent, while State Bank of India rose 1.3 percent.

The Nifty was up 0.8 percent as of 11:23 a.m., after earlier rising to as high as 6,000.50 points, trading above that key psychological level for the first time since January 7, 2011.


The benchmark 30-stock BSE Sensex rose 0.79 percent.

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Photo Gallery
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A view of the statue of Sardar Vallabhbhai Patel on the occasion of his birth anniversary...

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Congress President Sonia Gandhi and Rahul Gandhi paying tribute to former Prime Minister...

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Artists perform during a function on the occasion of birth anniversary of Sardar...

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Members of Thamizhar Vazhvurimai Koottamaippu during a protest against Sri Lankan court's...

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Indian cricket players during their practice session at barabati stadium in Cuttack...

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Delhi Police band performs at India Gate near Amar Jawan Jyoti to salute Sardar...

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Army soldiers patrolling after an IED was recovered in a gas cylinder near the Circuit House...

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Devendra Fadnavis being sworn-in as the new Maharashtra Chief Minister by Governor...

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A camel herder sits as he feeds his camels at the annual cattle fair in Pushkar, in the Rajasthan...

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