The Bombay Stock Exchange on Thursday, the third day and continued rapid Sensex jumped 485 points higher at 26 367 points, which reached its highest level in seven months is Improved earnings and improved crude oil prices boosted the market. March quarter results have been shown to improve the final stage, which suggests that the economy is picking up.
This year, for the first time crossed the $ 50 per barrel of crude oil is. The data shows that the decline in US stocks, the Asian markets were in the perception of robustness.
Traders said the settlement of derivative contracts in the month of May and will run a series of short-covering also helped the market. Private agency Sky met monsoon is expected to better than expected, so investors returned to the market.
Sky met long-term average rainfall is estimated at 109 percent. It was estimated at 105 percent.
Rupee strengthened against the dollar also boosted sentiment.
The Bombay Stock Exchange 30-share Sensex after opening in a firm trend and climbed up 485.51 points, or 1.88 per cent, and finally ended with a gain of 26366.68 points. Earlier, on November 4 last year, the Sensex closed at 26552.92 points. Sensex has gained 650.85 points in the previous two days.
National Stock Exchange index Nifty crossed 8,000 points level to an altitude of 8083 points. 134.75 points or 1.70 per cent at the end of it closed at 8069.65 points.
Globally, Asian markets ended with gains. European markets were also up in early trading. The 30-share Sensex gains 22.
The Sensex had gained 485 points, then came across 26,000
