Sensex surges over 1 pct; blue chips gain on rupee recovery

Image
Reuters MUMBAI
Last Updated : Aug 30 2013 | 4:05 PM IST

MUMBAI (Reuters) - The BSE Sensex rose over 1 percent in a volatile session on Friday, marking its highest close in nearly two weeks, as blue chips surged tracking a rebound in the rupee for a second day ahead of April-June GDP data.

HDFC Bank Ltd provisionally rose 3.5 percent, while Tata Consultancy Services Ltd ended 4.3 percent higher after marking its all-time high at 2,050 rupees.

The benchmark BSE index provisionally rose 1.25 percent, rising for a third consecutive session, while the broader NSE index ended 1.16 percent higher.

(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 30 2013 | 3:50 PM IST

Next Story