Ways2Capital Closing Update : Election-Led Europe Rally Lifts Sensex 290 Pts, Nifty Above 9200

After consolidation for more than a week, the market gained its strength back on Monday with the Sensex rising more than 300 points intraday, tracking election-led rally in European peers and due to good results from largecap firms.

The 30-share BSE Sensex was up 290.54 points or 0.99 percent at 29,655.84 while the 50-share NSE Nifty closed above psychological 9,200-mark for the first time since April 12, up 98.55 points or 1.08 percent at 9,217.95, backed by cement and banking & financials stocks.

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