Asian and European Stocks on Rise
Sensex has overcome depression and registered growth after a period of month, and all credit goes to global trend.
Last Tuesday, Sensex picked up 149 points and today it closed by further gaining 202 points, not only this it has recovered its 17,000 with today’s points.
Today’s business was considered to be highest since August 11. Not only Asian market but European markets also showed growth. While Sensex gained 202 points, Nifty gained 60.35 amounting to 5,124.65, and later it touched 5,154.50 as banking sector, power and reality sector was running in profits.
Among above three sectors, reality sector won the race by registering a growth to 3.42%, amounting to 1,807.19. In reality states, Jaiprakash Associates and DLF Ltd. were riding over oceans.
If to talk about power sector: it was second best performer which added 2.43% to market’s overall growth, amounting to 2,251.94. Banking sector was positioned at number three, and rose up to 2.12% amounting to 11,283.03.
Other companies which also have hands in rising the profit bar of Sensex are HDFC Bank, ICICI Bank, Coal India and State Bank of India, and many more.