by Mir Mazhar Hussain
Riding on strong global indicators and diesel price hike, stock markets rose 2% on Friday. The Sensex soared 443.11 points to close at 18464.27 and the Nifty gained a mammoth 142.30 to close at 5577.65.
The 30-share BSE sensex was propelled by gains in Reliance,Jindal Steel, Hindalco and SBI.
The markets also welcomed US Federal Reserve's decision to continue with its bond purchase program to give a fillip to the US economy.
Riding on strong global indicators and diesel price hike, stock markets rose 2% on Friday. The Sensex soared 443.11 points to close at 18464.27 and the Nifty gained a mammoth 142.30 to close at 5577.65.
The 30-share BSE sensex was propelled by gains in Reliance,Jindal Steel, Hindalco and SBI.
The markets also welcomed US Federal Reserve's decision to continue with its bond purchase program to give a fillip to the US economy.
