Sensex soares over 167 points to end at 28,468.75

Mumbai: Market benchmark Sensex soared over167 points today to end at 28,468.75 on widespread buying, while the broader NSE Nifty recaptured the 8,800-mark.

The 30-share BSE Sensex, which opened higher with a gap at 28,670.43, touched a high of 28,726.26 after participants widened their bets on foreign fund inflows amid persistent buying by domestic institutional investors.

However, the benchmark slipped to a low of 28,410.91 on profit-booking, before finally settling 167.48 points, or 0.59 per cent higher at 28,468.75.

The 50-share NSE Nifty, after moving between 8,896.45 and 8,804.25, settled 43.70 points, or 0.50 per cent higher, at 8,821.70.