Monday, 11 September 2017

Sensex Extends Rally Up 150 pts, Nifty Above 10,050

Benchmark indices open higher tracking Asian peers with investors breathing a sigh of relief as North Korean fears eased slightly and the worst-case scenario from Hurricane Irma looks to have been avoided.
Asian shares joined the global equities rally, hitting a 10-year peak on Tuesday with MSCI’s broadest index of Asia-Pacific shares outside Japan gaining  0.1% to its highest level since late 2007. Japan’s Nikkei up 1% while MSCI’s broadest gauge of the world’s stock markets covering 47 markets hit a new record high, having made its biggest gains in about two months.
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