Sensex breaches 8000-mark
September 08, 2005 11:02 IST
The Bombay Stock Exchange's benchmark 30-share index -- the Sensex -- crossed the 8000 level on brisk buying by foreign and domestic funds.
The BSE Sensex, supported by blue chips like Infosys, Reliance Industries, Satyam Computers Reliance Energy and Tata Motors, was ruling at 8,009.00, up 62.22 points or +0.78% over its Tuesday's close of 7947 at 10.30 am.
Marketman said the Sensex took almost 55 days to travel to 8,000 level from 7,000 mark as foreign funds remained agressive buyers in index related shares.
The markets opened, after a day's holiday on Wednesday due to Ganesh Chaturthi, with a small positive gap of 16 points at 7,963, and then continued to move up.
The NSE Nifty too was scaling new heights at 2,445.35, having risen 16.70 points or +0.69% over its previous close.
The broad market was steady, with banking, IT, PSU and FMCG stocks trading at modest gains.
Source: Rediff News
September 08, 2005 11:02 IST
The Bombay Stock Exchange's benchmark 30-share index -- the Sensex -- crossed the 8000 level on brisk buying by foreign and domestic funds.
The BSE Sensex, supported by blue chips like Infosys, Reliance Industries, Satyam Computers Reliance Energy and Tata Motors, was ruling at 8,009.00, up 62.22 points or +0.78% over its Tuesday's close of 7947 at 10.30 am.
Marketman said the Sensex took almost 55 days to travel to 8,000 level from 7,000 mark as foreign funds remained agressive buyers in index related shares.
The markets opened, after a day's holiday on Wednesday due to Ganesh Chaturthi, with a small positive gap of 16 points at 7,963, and then continued to move up.
The NSE Nifty too was scaling new heights at 2,445.35, having risen 16.70 points or +0.69% over its previous close.
The broad market was steady, with banking, IT, PSU and FMCG stocks trading at modest gains.
Source: Rediff News
cheers,
nkpanjiyar