Mumbai, September 19
A rally in global markets propelled by relief measures from central banks around the world had its impact on the BSE Sensex as well with the benchmark index zooming 5.5 per cent or 726 points to close at 14,042 levels. In the broader markets, the Nifty also closed 5.1 per cent, or 207 points higher at 4,245 points.
In other markets, Hong Kong's Hang Seng shot up nearly 1,700 points to end at 19,327 levels while China's Shanghai Composite was up 9.5 per cent and South Korea's Kospi was up 4.6 per cent.
All sectoral indices on the BSE also closed in positive territory. While the realty index was up 7.6 per cent, IT closed more than 6.7 per cent higher.
PTI adds: Traders said domestic bourses tracked trends in global exchanges which rallied after regulators in the UK and the US halted short-selling in financial stocks. The move boosted the badly battered investor confidence which was at the rock bottom after the collapse of investment bank Lehman Brothers and distress sale another one Merrill
Lynch.
