Tag «bounces back»

Sensex, Nifty bounces back on +ve economic outlook

After previous day’s carnage, the Indian equity market ended with smart gains on Wednesday as the benchmark indices bounced back with vengeance. Sentiment got a boost after the Congress-led UPA government raised the growth projection for fiscal year 2013-14. India’s economy may grow at 6.1-6.7% for the year 2013-14, the government forecast in a report. …