Sensex soars 301 points, reclaims 33,000-mark – Money Perception

Market benchmark Sensex surged 301 points to close at 33,250.30 on Friday on unabated buying by domestic institutional investors amid positive global leads.

The wider NSE Nifty too went past the 10,250-level.

The 30-share BSE Sensex opened on a strong footing at 33,034.20 and maintained its upward trend to hit the day’s high of 33,285.68 before ending at 33,250.30, up 301.09 points, or 0.91%.

The index had rallied 352.03 points in the previous session on value-buying by investors in recently-battered blue-chip stocks.

 The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97%, after shuttling between 10,270.85 and 10,195.25.

On a weekly basis, the Sensex gained 417.36 points, or 1.27%, while the Nifty advanced 143.85 points, or 1.42%.

Most Asian and European markets rallied as investors awaited major economic data from China and the US amid overnight gains at Wall Street following reports that President Donald Trump is planning to unveil a big-spending public works plan.