Aided by a global rally spurred by hopes of a new stimulus from the European Central Bank (ECB) and buying in banking, FMCG and Oil & Gas, key benchmark stock indices in India surged to close the day with gains on Friday.The S&P BSE Sensex, which had gained over 200 points in early trade, closed at 27470.81, up 183.15 or 0.67 per cent.The CNX Nifty index of the National Stock Exchange (NSE) closed with a gain of 43.75 points at 8295.45, up 0.53 per cent.

Rupee gains 29 paise

The rupee appreciated against the dollar due to selling by banks and exporters.The rupee opened strong at 64.78 to a dollar and closed at 64.83 against its previous close of 65.12, up 29 paise.

Source: http://www.thehindu.com/business/sensex-gains-183-points/article7797419.ece