Sensex soars, closes above 12,000-mark (Second Lead)May 12th, 2009 - 5:20 pm ICT by IANS
Mumbai, May 12 (IANS) Indian markets soared late Tuesday, with a key index rising over 490 points from its last closing figure to breach the 12,000-point mark at close of trade. Banking and IT stocks led the rally.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 11,629.97 points, rose 490.33 points or 4.2 percent from the previous close to end trade at 12,173.32 points (provisional).
The S&P CNX Nifty of the National Stock Exchange (NSE) gained 3.65 percent to close at 3,684.35 points.
Broader market indices also ended in the positive terrain, with the BSE midcap index moving up 0.93 percent, while the BSE smallcap index was up 1.33 percent.