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BSE Sensex snaps three days of falls, Ends 271 points higher, Insurance companies gain

Sensex12 March 2015 :: BSE Sensex rose on Thursday as hopes Parliament would pass a bill raising foreign investment limits (FDI) in the insurance sector raised optimism that other stalled reforms would also be passed and support a recovery in the economy. Sensex Ends 271 points higher, at 28930.

The gains on Thursday snapped a three-session losing streak and analysts said markets could resume gains towards record highs hit early this month should the government be able to pass reforms through an upper house of parliament dominated by the opposition.

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