New Delhi (dpa) – India's benchmark Sensex index rose 2.09 percent on Friday, tracking positive cues from other Asian markets on Greece's debt-restructuring plan. The benchmark 30-share index closed at 17,503.21, 357.72 points higher than its previous close. The rise pared losses incurred earlier in the week. The broader 50-share S&P CNX Nifty of the National Stock Exchange also closed higher at 5,333.55 points, up 113.1 points or 2.17 percent. Market analysts said Asian markets were up as investors were upbeat after Greece secured backing for its debt restructuring. News of China's inflation falling sharply in February boosted sentiment, as this would give Beijing more room to stimulate the world's second largest economy, the IANS news agency reported. Japan's Nikkei closed 1.65 percent higher, while Hong Kong's index ended 0.89 percent up. The Chinese Shanghai Composite index closed 0.79 percent up at 2,439.46 points. BM ShortURL: http://goo.gl/CP4ja Tags: India, Market, Sensex, Stocks Section: Business, South Asia
