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BSE Sensex rises on optimism

India Blooms News Service




Mumbai, July 4 (IBNS): The BSE Sensex climbed 0.21 percent on Wednesday as a number of revised valuations infused fresh on Indian equities, helping lift underperforming stocks that drove the index to its highest close in more than two months.




The 30-share benchmark index ended 37.10 points higher at 17,462.81 with 20 of its components closing in the green.

The broader 50-share National Stock Exchange (NSE) Nifty index ended 0.28 percent or 14.60 points higher at 5,302.55 on Wednesday.

A string of optimistic valuation of Indian shares, by UBS, Deutsche Bank and J.P.Morgan showed the increasing confidence in Indian shares, in a move that benefited Indian lenders.



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indian news portal IBNS
indian news portal IBNS
indian news portal IBNS
 
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