Pre-Diwali fireworks on street; Sensex, Nifty hit 17-month highs
The key benchmark indices surged for the second day in a row as a rally in global stocks, strong response to the initial public offer of Indiabulls Power, stronger-than expected Q2 results from housing finance major HDFC and healthy Q2 outcome from HDFC Bank, boosted market sentiment. The barometer index BSE Sensex and the 50-unit S&P CNX Nifty today, 14 October 2009, hit their highest closing levels in nearly 17 months.The Sensex jumped 204.40 points or 1.2%, off close to 40 points from the day
