Rising for the second straight week, domestic benchmark indices jumped about 1.5 percent in the extended Budget week ended yesterday. Indian markets rose on encouraging announcement of a US-India trade agreement, and RBI policy outcome.
The Sensex surged 1,311 points, or 1.6 percent, during the week, to close at 83,580 yesterday, while the Nifty gained 373 points, or 1.5 percent, to settle at 25,694. In the broader market, the BSE mid-cap index gained 1.6 percent and the BSE Smallcap index gained 1.2 percent.
In the forex market, the rupee snapped a three-week losing streak to end 1 rupee 33 paise higher during the week to close at 90.66 yesterday.
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