June 12, 2012 6:02 PM

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Sensex surges 36 pts in intra-day trade

Paring all its early losses, the Sensex rose 36 points, or 0.2 percent, to 16,704, in intra-day trade, today, on fresh hopes of interest rate cut by the RBI, amid weak industrial production data. The Nifty of the National Stock Exchange gained 14 points, or 0.3 percent, to 5,069 points. Key indices in Japan, Hong Kong, South Korea and China slipped between 0.3 percent and 1 percent in intra-day trade today.

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