Online sensex report

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The BSE Sensex ended 2017 with a gain of 29.58% while the NSE Nifty rose 30.28%.India was the third best emerging market in the world this year after Argentina and Turkey, according to Bloomberg.The 30-share BSE Sensex jumped a whopping 387.14 points to close on 33,600.27 while the broader 50-share NSE Nifty closed on 10,440.50, up 105.20 points.Both the indices gained more than a per cent during the day​​.NEW DELHI: The benchmark indices on Wednesday once again closed on record highs as investor sentiment got a boost from World Bank's Ease of Doing Business report where India jumped 30 places on back of recent reforms.Both the indices gained more than a per cent during the day.Bharti Airtel stock was the biggest gainer, surging 9 per cent on Nifty during the day's trade.Bank stocks were the other major gainers with Nifty PSU Bank and Nifty Pvt Bank sub-indices jumping 3.64 per cent and 1.76 per cent respectively.

FIIs invested Rs 51,000 crore in 2017 while mutual funds pumped a record Rs 1.16 lakh crore into equities, reflecting a transformation in the country's savings culture that was triggered by demonetisation in November last year.Bombay Stock Exchange was founded by Premchand Roychand.He was one of the most influential businessmen in 19th-century Bombay.Analysts expect benefits of GST to be visible in 12-18 months as companies become comfortable with the new tax regime, revenues improve and consumption rises following a drop in prices for end users.Among the reasons for the slump in GST revenue was a steep cut in rates in November.

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