Sensex end 17-month high on economic outlook

The BSE benchmark Sensex on Wednesday surged to a new 17-month high by adding over 204 points on buying support particularly in banking and metal stocks amid strong cues from Asian markets.

The Sensex, which had closed with a hefty gain in previous session on Monday, added 204.44 points at 17,231.11, a level last seen on 20th May 2008.

The benchmark touched the day’s high of 17,274.59 led by stocks in metal, banks and drugmaker companies.


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