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BSE Sensex gains; Coal India, jewellery makers lead

Sensex rises by 64 per cent and Nifty is up by 59 per cent

Mumbai: The BSE Sensex and Nifty traded higher on Thursday, rebounding from falls on Wednesday. The Sensex was up 0.64 per cent while the Nifty gained 0.59 per cent .

Coal India surged 7 per cent after earlier marking a record high of 401.40 rupees, as per official reports. Shares of jewellery makers surge after Reserve Bank of India eased gold import and gold metal loan rules.

Titan Co Ltd surged 7.5 per cent, Gitanjali Gems gained 11.4 per cent, Rajesh Exports Ltd rose 12.77 per cent.

Maruti Suzuki India Ltd surges 4.3 per cent after CLSA says the stock price could double in three years in a bull scenario in which personal vehicle industry volume grows at a compounded annual growth rate of 20 per cent due to pent-up demand should the economic growth pick up.

( Source : reuters )
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