Millennium Post

Sensex rebounds by 190 points on Reits policy

Buying at lower levels after three- day fall amid approval of new norms by market regulator Sebi for setting up and listing of Real Estate and Infrastructure Investment Trusts pushed the Sensex up by 190 points to end at 25,519.24. Positive cues from Asian as well as European markets in line with weekend rally in the US markets on easing of tensions in Ukraine, too fuelled buying activity on the domestic bourses, brokers said. Auto stocks were in the limelight and mainly led the rally. M&M was the top gainer with a rise of 6.45 per cent on hopes of more tractor sales due to good monsoon.
Next Story
Share it