Sensex rallies 281 points, Nifty closes above 11k-mark

Hindustan Times | Sep 13, 2019 at 10:38 AM
  • The BSE benchmark Sensex rallied 281 points on Friday, led by financial and IT stocks as hopes of another rate cut by RBI boosted investor sentiment.
  • After swinging 413 points, the 30-share index ended 280.71 points, or 0.76 per cent, higher at 37,384.99.
  • Retail inflation inched up marginally to 3.21 per cent in August, while industrial production growth slowed to 4.3 per cent in July, raising chances of a rate cut by the central bank.