Sensex climbs 290 points; Nifty closes above 9,200-level for the first time

The NSE Nifty jumped 64.10 points to close above 9,200-level for the first time.

Sensex climbs 290 points; Nifty closes above 9,200-level for the first time

Mumbai: The BSE Sensex recovered by over 289 points and the Nifty scaled a record high Monday on widespread buying by investors and funds, triggered by a firm trend in Asian markets.

On the first trading day of the new quarter, the 30-share index rose 289.72 points to a record closing of 29,910.22.

The gauge had lost 26.92 points in the previous session.

The NSE Nifty also regained the 9,200-mark. It jumped 64.10 points to close above 9,200-level for the first time.

Brokers said fresh buying by investors and funds amid a firming trend in Asian markets as traders look ahead for the US job data release and a meeting between the American and Chinese presidents later in the week.

The US Dow Jones Industrial Average, however, ended 0.31 percent lower in Friday's trade.

With Agency Inputs

 

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