The benchmark BSE Sensex today closed 148 points up at 27,957.50 after briefly staying above the psychological 28K-level on better-than-estimated corporate earnings and firm Asian cues. Similarly, the broader 50-issue CNX Nifty rallied to a high of 8,489.55, just ten points shy from 8,500-mark, before settling at 8,458.95. SBI today reported 23 per cent jump in standalone net profit for the fourth quarter ended March 2015 at Rs 3,742.02 crore on improvement in asset quality. Meanwhile, on a weekly basis, the Sensex shot up by 633.80 points, or 2.32 per cent, completing three weeks of gaining streak.
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