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Todays news update - Europe, oil rally helps Sensex rebound 95 pts; Cairn jumps 4.5%

Discussion in 'Stock Market News & Analysis' started by chetanepic, Mar 11, 2016.

  1. chetanepic

    chetanepic New Member

    Jan 9, 2016
    Likes Received:
    Intraday Trader
    The 30-share BSE Sensex rose 94.65 points to 24717.99. The 50-share NSE Nifty managed to get back above 7500 mark after roller coaster ride, up 24.05 points to 7510.20.

    European equities were trading higher today with investors cheering a rally in oil prices and digesting the aggressive easing measures the European Central Bank (ECB) announced on Thursday. France's CAC and Germany's DAX surged 3 percent each followed by Britain's FTSE with 1.7 percent upside (at 16 hours IST).

    US crude futures were trading at USD 38.82 a barrel, up 2.6 percent and Brent crude futures were at USD 40.85 a barrel, up 2 percent.

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