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Sensex Rises Nearly 200 Points, Nifty Regains 8300

Asian stocks gained on Friday on upbeat expectations for the closely-watched U.S. jobs data, while the euro continued to flirt with fresh nine-year lows against the dollar.
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Sensex Rises Nearly 200 Points, Nifty Regains 8300

Sensex rose 0.80 per cent today, tracking gains in other global markets. The Nifty regained the psychological 8300 level after rising 65 points.

Asian stocks gained on Friday on upbeat expectations for the closely-watched U.S. jobs data, while the euro continued to flirt with fresh nine-year lows against the dollar.

Equities worldwide suffered deep losses early this week as plunging oil prices and global growth woes triggered investor flight from risk assets. But optimism about the US economy and prospects of more stimulus from the European Central Bank and China have diffused risk aversion for the time being.



Taking heart after Wall Street rallied for the second day on Thursday, MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 per cent.

Infosys will announce its Q3 results today later in the day. Its shares were up 0.50 per cent in early trade. (With Agency Inputs)



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