Press Esc to close
Sunday 25 January 2015
News updated at 5:09 PM IST
Weather
Max: 28.7°C
Min : 17.3°C
In Bengaluru
Partially cloudy

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.


Go to Top

Photo Gallery
Indian bottle artist Gowda displays glass jars containing welcome messages for U.S. President...

Indian bottle artist Gowda displays glass jars containing welcome messages for U.S. President...

Indian security personnel guards the hotel where U.S. President Barack Obama is expected to stay...

Indian security personnel guards the hotel where U.S. President Barack Obama is expected to stay...

A security camera installed outside the hotel where U.S. President Obama is expected to stay...

A security camera installed outside the hotel where U.S. President Obama is expected to stay...

A Sadhu performs a ritual by burning dried cow dung cakes in earthen pots overhead for salvation.

A Sadhu performs a ritual by burning dried cow dung cakes in earthen pots overhead for salvation.

Army Jawans during the full dress rehearsal for the Republic Day parade in Jammu on Saturday...

Army Jawans during the full dress rehearsal for the Republic Day parade in Jammu on Saturday...

Left leaders participate in a rally in Kolkata on Saturday to protest against US President Obama...

Left leaders participate in a rally in Kolkata on Saturday to protest against US President Obama...

Activists from Communist Party of India Liberation shout slogans during a protest against U.S...

Activists from Communist Party of India Liberation shout slogans during a protest against U.S...

Children run with the tricolour ahead of Republic Day, on the banks of the Brahmaputra River...

Children run with the tricolour ahead of Republic Day, on the banks of the Brahmaputra River...

Children of the labourers working at the venue of the Republic Day parade, play along the roadside..

Children of the labourers working at the venue of the Republic Day parade, play along the roadside..

AJP Abdul Kalam during the session at the Jaipur Literature Festival at Diggi Palace in Jaipur...

AJP Abdul Kalam during the session at the Jaipur Literature Festival at Diggi Palace in Jaipur...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523