September 12, 2012

Sensex zooms past 18,000 helped by global indicators


by Mir Mazhar Hussain


The Indian stock markets rose reacting to German Constitutional Court ruling in favor of the European Stability Mechanism (ESM). There was good news back home as well with the aviation minister indicating that foreign direct investment would be allowed in the sector.

The Sensex closed at 18000 up 147 points and the Nifty closed at 5431 up 41 points.