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Today: Tuesday, October 24, 2017
 

Nifty breaches 6,000 for first time since Jan 2011
 
(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 1:05 p.m., after earlier rising to as high as 6,006.05 points, trading

above that key psychological level for the first time since January 7, 2011.

The benchmark 30-stock BSE Sensex rose 0.77 percent.
 
 
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