Nifty Rises Over 5900 for First Time Since April 2011

December 5, 2012 10:30 AM IST

The Nifty rose to its highest level in more than 19 months on Wednesday, breaching the 5,900 level, on hopes the government will muster a majority in parliament on the retail vote.

At 9:30 a.m., the index was at 5,910.20, up nearly 0.4 percent. It breached 5,900, a key level, for the first time since April 25, 2011.

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