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Sensex gains; U.S. 'fiscal cliff' deal prompts broad rally

Source : REUTERS
Last Updated: Wed, Jan 02, 2013 10:14 hrs
Sensex crosses 19,000 on hopes of further reforms

NSE index rose to a two-year high, breaching the key psychological level of 6,000 at one point, after a U.S. deal on its so-called fiscal cliff sparked broad buying, while financial firms extended a recent rally on hopes for a rate cut this month.

Housing Development and Finance Corp provisionally rose 1.7 percent, while ICICI Bank ended up 1.4 percent.

The BSE index provisionally gained 0.6 percent, while the 50-share NSE index rose 0.7 percent after earlier hitting as high as 6,006.05 points.

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  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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