Sensex Closes Above 40,000 For First Time In Over 4 Months

The Sensex rose 220 points or 0.55 per cent to close at 40,052 and the Nifty 50 index advanced 57 points or 0.49 per cent to settle at 11,844. During the session, Sensex surged as much as 346 points to touch an intraday high of 40,178.12 and Nifty 50 index climbed as much as 97 points to an intraday high of 11,884. At today's closing levels, the Sensex is 260 points away from the record high of 40,312.07 touched on June 4. Fifte...