Wed Mar 01 2017
Rajesh Sharma (2002 articles)

Sensex, Nifty rise on stronger-than-expected GDP data

Indian shares rose on Wednesday, snapping two days of losses and approaching a key psychological level of 9,000, after stronger-than-expected economic growth eased worries about the impact of the government’s demonetisation drive.

The Nifty closed up 0.75 percent at 8,945.8, not too far from the key level of 9,000.

The Sensex rose 0.84 percent to end at 28,984.49.

 

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.

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