Sharemasterindia.com: BSE Sensex and Nifty
surged to fresh highs for the second consecutive day, buoyed by the
positive momentum from the recent reform measures announced by the government and higher global markets.Sensex rose over 500 points to a new high of 27,854 while Nifty surged nearly 150 points to cross 8,300 for the first time ever.
Global markets rallied today after the Bank of Japan surprised financial markets by significantly expanding its massive stimulus programme. Tokyo’s Nikkei share index jumped almost 5 per cent in its biggest rise since June last year. European stocks were higehr while US futures prices pointed to similar gains when trading resumes in New York.
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