Sensex Up 149 Points After RBI Eases Infra Financing Norms
By
siliconindia | Wednesday, July 16, 2014
MUMBAI: The benchmark BSE sensex gained over 149 points in early trade on Wednesday on increased buying by funds and retail investors after the RBI relaxed financing norms for infrastructure development and affordable housing.
The 30-share barometer gained 149.34 points, or 0.59 percent, to 25,377.99 with stocks of realty, banking, infrastructure sectors leading the rise, brokers said.
In the previous session, the index had gone up by 221.67 points. The National Stock Exchange index Nifty traded higher by 44.70 points, or 0.59 percent, at 7,571.35.