Stock Market: Sensex rises 552 points, Nifty also gains 156 points to trade at 17,274

The Sensex and the Nifty today climbed around one percent in the afternoon trade. Both stocks jumped in sync with gains in other Asian share markets. The BSE Sensex was trading above 57,800 mark while the NSE Nifty was trading above 17,250 level.

The Sensex rose 552 points, or 0.96 percent to trade at 57,844. The Nifty also gained 156 points, or 0.91 percent, to trade at 17,274.

In the forex market, the rupee depreciated four paise against the US dollar. The domestic currency was trading at 76 rupees and 17 paise per dollar when reports last came in.

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