Sensex and Nifty rise on strong GDP growth and rupee recovery
pre-market1 source ↓written by the desknot a recommendation
- BSE Sensex surged
- 289.28 points
- on Monday
- 38,934.35
- for Q1 FY2018-19
- 8.2% GDP growth
- Nifty also climbed
- 71.30 points
- 11,751.80
The BSE Sensex surged 289.28 points to 38,934.35 on Monday, driven by strong buying in IT, tech, and capital goods sectors following a robust 8.2% GDP growth for Q1 FY2018-19. The NSE Nifty also climbed 71.30 points to 11,751.80. This positive momentum follows the rupee's recovery from record lows against the dollar, enhancing market sentiment.
Not investment advice. For informational purposes only.