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A great day today for the Indian stock market

Today Wednesday July 9th 2008 is a great day for the Indian stock markets. A very memorable day as the bulls made a comeback after overpowering the bears. Both the major stock markets of India the  BSE Sensex and NSE Nifty closed in green.

The BSE Sensex closed at the end of the day at 13,964.26 points, up 614.61 points from the previous close. Sensex made a gain of 4.60%.

NSE Nifty closed at the end of the day at 4157.10, up 168.55 points from the previous close. Nifty made a gain of 4.23%.

Today’s bull run and big gains are attributed to the positive cues from the rising global stock markets and also to the  crude oil falling to US dollars 136 per barrel from all time high of US dollars 146 per barrel.

The top gainer in BSE Sensex was Reliance Infrastructure up by 10.66 % from previous close.

 Reliance Infrastructure up by 10.65 % from previous close was the top gainer in NSE NIFTY.

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