BSE Sensex outperforms global peers in pre-election rally

Mar 08 2014, 10:47 IST
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Rising by 405.92 points or 1.89 per cent, the BSE Sensex hit a new high of 21,919.8 on Friday. Reuters Rising by 405.92 points or 1.89 per cent, the BSE Sensex hit a new high of 21,919.8 on Friday. Reuters
SummaryBSE index has, over last 4 sessions, risen by 4.7% on strong FII inflows.

gas indices jumped by 9.3 and 7.5 per cent, respectively.

One of the biggest challenges that an investor is facing right now is whether to buy cyclicals, or buy beaten down low-quality stocks, said Agrawal.

Meanwhile, the NSE 50-issue CNX Nifty also flared up by 125.50 points, or 1.96 per cent, to end at a new closing high of 6,526.65. It today hit a lifetime high of 6,537.80, crossing its previous record of 6,415.25 hit on December 9, 2013.

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