Nifty toched 5000, Sensex goes over 16400 pts

Hopes of rate cut by the Reserve Bank of India and meeting between all key ministries and prime minister to take stock this evening improved sentiment of the market. Globally all eyes are on European Central Bank's meet; market experts expect some indication from the bank to revive economic growth in eurozone.As result Nifty goes above 5000 important level (close 4997) & sensex closes above 16400.

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