Zee Media Bureau
New Delhi: The Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), Forex, Money Market, Bullion and Oilseeds will remain closed on Friday on account of Ram Navmi.
Earlier on Wednesday, market benchmark Sensex surged by 481 points to 25,626.75 -- its highest level in nearly three and a half months -- led by gains in banking and auto stocks on forecast of an 'above normal' monsoon and positive macroeconomic data.
Bullish global cues sparked by surging oil prices after reports of a deal between Russian and Saudi Arabia to limit the output and strong data from China also played a part.
For the holiday-shortened week, the Sensex and Nifty logged a hefty rise of 952.91 points or 3.86 per cent and 295.25 points or 3.76 per cent, respectively, halting two straight weekly slide.
With PTI Inputs