Mumbai, Jan 2: NSE stock index gained momentum and hit the important 6,000 leels, for the first time since January 7, 2011 on the back of US House of Representatives approving a deal on the fiscal cliff.
At 12:48 am, the 50-stock NSE index was up 0.68 per cent, or 41 points, to 5991.45, trading above that key psychological level for the first time since Jan. 7, 2011.
Banking shares led the gainers as hopes of a January rate cut gathered steam. ICICI Bank rose 0.9 per cent, while State Bank of India rose 1.3 per cent.
The market breadth was positive on the NSE with 1,069 gainers against 383 losers.
Latest Business News
