Mumbai, November 04: Market bid adieu to Samavat-2066 with sparklers lighting up the bourse following aggressive buying across the board, supported by firm global markets and blessed by fresh stimulus infusion from the Federal Reserve.
The benchmark CNX Nifty surged to an intra-day high of 6,290.15 before ending at 6,281.80 up by 121.30 points, or 1.97 per cent over its last close, just 5.2 points away from all-time closing high of 6287.85 touched on January 8, 2008.
Ever since the funds started flowing back, it was certain that the market would surpass its past highs during Diwali, as the quantitative easing announced by Federal Open Market Committee (FOMC) yesterday fuelled a rally across the globe and played a major role in today’s surge.
–Agencies