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Business

Closing Bell: Nifty ends above 12,000 for 1st time, Sensex surges 553 pts The BSE Sensex rallied 553.42 points or 1.39 percent to 40,267.62 and the Nifty50 jumped 165.70 points or 1.39 percent to 12,088.50 but the market breadth was negative. About 1,396 shares declined against 1,185 advancing shares on the BSE.

ONGC overtakes IOC as most profitable PSU aft ONGC, India's top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain the crown of being the country's most profitable public sector company. Acc