Sensex above 28k again

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Mumbai: Reclaiming the 28,000-mark after 10 weeks today, the benchmark BSE Sensex surged by 240 points on across-the-board buying after the government promised capital support to PSU banks amid positive macroeconomic data. Besides, a firming trend in global markets, after Greek PM Alexis Tsipras was reportedly prepared to accept creditors’ demands for a bailout buoyed trading sentiments here, equity brokers said. The 30-share index, which had gained 135 points in the previous session, recaptured the 28,000-mark by jumping 240.04 points or 0.86 per cent to close at 28,020.87, its highest close since April 17. Intra-day, it hit the session’s high of 28,099.25 and a low of 27,799.91.
The 50-share NSE Nifty also regained the 8,400-mark by climbing 84.55 points or 1.01 per cent to 8,453.05.  Sentiment got a lift after output of eight infrastructure sectors expanded 4.4 per cent in May, the highest growth rate in the past six months, they said.

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