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Having a party

Significant gains and remarkable highs marked a terrific truncated week

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State Finance Minister Sudhir Mungantiwar and Deepak Kesarkar show the state budget before entering Vidhan Bhawan in Mumbai on the weekend. Pic/PTI
State Finance Minister Sudhir Mungantiwar and Deepak Kesarkar show the state budget before entering Vidhan Bhawan in Mumbai on the weekend. Pic/PTI

It was party time at the bourses and they gained significantly in the four day trading week. While the BSE SENSEX made two-year highs, NIFTY made a lifetime high. More importantly, the markets closed with the momentum intact and around the high of the week. The BSESENSEX gained 702.76 points or 2.43 per cent to close at 29,648.99 points, while NIFTY gained 225.50 points or 2.52 per cent to close at 9,160.05 points. The broader indices saw the BSE100, BSE200 and BSE50 gain 2.79 per cent, 2.85 per cent and 2.86 per cent respectively. BSEMIDCAP gained 3.95 per cent while BSESMALLCAP gained 3.00 per cent.

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