Wednesday, 29 June 2016

Sensex opens over 100 points up on firma global cues, Nifty above 8,170; DLF, Sobha surge

Benchmark indices BSE Sensex and NSE Nifty continued to trade notably higher in afternoon deals on Wednesday as traders remained busy in brisk buying in blue chip counters amid firm cues from the global markets. Sentiment remained upbeat with Economic Affairs Secretary Shaktikanta Das’ statement that the India is poised for a ‘big leap’ in growth which could touch 8 per cent in the current fiscal on the back of normal monsoon. Some support also came on report that the Cabinet has approved a proposal to revise up salaries and pensions for government employees.

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