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Wednesday 29 March 2017
News updated at 11:50 AM IST

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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People are purchasing Mango leaves and Neem leaves on the eve of Ugadi festival ...

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A group of Marathi women, dressed in traditional attires, with placards displaying...

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Smoke billowing out of the house which was targeted by the security forces personnel for...

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Russian opposition leader Alexei Navalny, foreground, speaks to press in a court room in Moscow....

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