The domestic stock markets have shot up, to again scale record intra-day highs, today, following a World Bank report on Ease of Doing Business, in which India’s ranking improved dramatically by 30 places, to the 100th position.
So after a strong opening, the Sensex gained considerably more ground, and had spurted 396 points, or 1.2 percent, to 33,609 a short while ago. Earlier, the Sensex had hit an all-time intra-day high of 33,652. The Nifty at the National Stock Exchange had gained 101 points, to 10,436, a short while ago, after earlier hitting a lifetime intra-day peak of 10,452.
Apart from the World Bank report, the markets were also lifted by some encouraging infrastructure data. And at the forex market, the rupee had appreciated by a good 22 paise, to 64.53 against the dollar in afternoon deals.
