Sensex surges 160 points; Nifty settels at 11,588

Domestic equity benchmarks, Sensex and Nifty, today climbed driven by gains in IT stocks and positive macroeconomic data. The rupee also appreciated 15 paise against the US currency. Sensex at Bombay Stock Exchange climbed 160 points or 0.41 per cent to end at 38,897. Nifty at National Stock Exchange also surged 36 points or 0.31 per cent to settle at 11,588.  At the foreign exchange market, the rupee also appreciated  15 paise to 68 rupees and 54 paise against the US dollar. Gold prices today d...