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Journalism of Courage
The raging war in the Middle East failed to pull down Indian stock markets on Saturday. The benchmark Sensex made a further headway rising by another 19 points in a brief two-hour session on the Bombay Stock Exchange, thanks to fresh purchases by foreign institutional investors (FIIs) and local operators. The S&P CNX Nifty index of the National Stock Exchange also moved up by 6.60 points to 1037.15
With Saturday’s gain, Sensex has spurted by 107.70 points, or 3.55 per cent in the last six sessions. This is the largest gain by Sensex in the last 52 weeks. The special two-hour week-end trading was held by the nation’s two largest bourses — the BSE and the NSE — to test the back-up trading system of the NSE. Sensex closed at 3218.73 as against Friday’s close of 3200.15.
