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Sensex up over 100 points; U.S. 'fiscal cliff' bill passed

Source : REUTERS
Last Updated: Wed, Jan 02, 2013 11:14 hrs
INDIAN STOCK BROKERS WATCH THE KEY SENSEX SHARE INDEX IN BOMBAY.

The BSE index gains 0.63 percent after rising to its highest intraday level since April 2011, while the NSE index is up 0.64 percent.

The NSE is close to breaching the 6,000 mark for the first time since Jan. 7, 2011.

The U.S. House of Representatives approved a deal on the so-called fiscal cliff, sparking broad-based buying.

Banking shares lead gainers as hopes for a January rate cut gathered steam. ICICI Bank gains 1.1 percent while State Bank of India is up 1.3 percent.

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