TIL Desk/Business/Mumbai/ Sensex crosses 40,000 mark; currently at 40,169 up by 337 points. Yesterday, the equity barometers closed nearly 1.5 per cent higher on Tuesday as full-day trading in the traditional Hindu accounting year Vikram Samvat 2076 began on a positive note after an extended weekend on account of Diwali.
The spurt followed positive global sentiment on hopes of a rate cut by the US Federal Reserve and progress in the on-going US-China trade talks. Besides, some reports suggested that the government is planning a series of tax alignments for equities in coming weeks in a bid to further boost investor sentiment.
