Sensex skyrockets over 800 points explained
On strong global sentiments sensex makes an over 800 points bull run. Fed officials, key benchmark indices opened higher and extended its early morning gains further. BSE Sensex today touched 650 points within an hour of stock market's opening. In early morning deals, Sensex today opened higher and went on to hit intraday high of 59,600, around 700 points higher from its Thursday close of 58,909 levels.
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On strong global sentiments sensex makes an over 800 points bull run. Fed officials, key benchmark indices opened higher and extended its early morning gains further. BSE Sensex today touched 650 points within an hour of stock market's opening. In early morning deals, Sensex today opened higher and went on to hit intraday high of 59,600, around 700 points higher from its Thursday close of 58,909 levels.
30-stock BSE Sensex is skyrocketing today due to strong global cues. The global sentiments turned positive after US stock market snapped its two days losing spree on Thursday after Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank could be in a position to pause rate hikes sometime this summer. The Asian stocks are also surging today following strong Wall Street cues. They said that Sensex is bouncing back following positive global cues as. They said that Sensex may go up to 60,900 levels if it manages to close above 59,500 levels.
