BSE Sensex extends gains to 2 pct
MUMBAI (Reuters) - The BSE Sensex extended gains to 2 percent on Monday afternoon, led by Reliance Industries and banks, as global stock markets traded higher after the Group of 20 pledged to keep stimulus in place until recovery was assured.
At 2:47 p.m. (0917 GMT), the 30-share BSE index was up 1.98 percent at 16,478.45 points, with 26 components in the green.
Energy giant Reliance Industries rose 3.4 percent after a newspaper said it was close to an overseas acquisition.
The banking sector index was up 4.4 percent.
The 50-share NSE Index was up 2 percent at 4,894.15.
(Reporting by Ami Shah)
(For more news on Reuters Money visit www.reutersmoney.in)
© Thomson Reuters 2009 All rights reserved
India Investment Summit 2009
Top executives and bankers will discuss their own plans and the broader opportunities and challenges for India during the Reuters India Investment Summit in Mumbai and Bangalore. Blog | Full Coverage
PLAYBOY SALE
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article
India
US
UK
