The BSE Sensex touched a new 14-month high in early trade, surpassing the 19000 level for the first time since July 8, 2011.
Mumbai: The BSE Sensex rose to a 15-month high, while the Nifty hit 17-month highs, after the government's reform proposals for the insurance and pension sectors sparked gains in financial stocks such as State Bank of India and ICICI Bank. State Bank of India gained 2.1 per cent, while ICICI Bank rose 2.9 per cent. The BSE Sensex rose 1 per cent to 19058.15.
The 50-share Nifty gained 0.98 per cent to its highest close since April 27, 2011.
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