Home Economy Key Indian market index touches new high

Key Indian market index touches new high

By IANS

Mumbai : Despite weak global cues, a key Indian market index posted its third record high in 2008 on the back of ICICI Bank’s shares appreciating over six percent.

The 30-share sensitive index (Sensex) of the Bombay stock Exchange opened at 20,637.21 points and touched a new high of 20,861.83 before ending the day at 20,826 points, up 139.97 points over the previous day’s close.

The broader 50-share S&P CNX Nifty index of the National Stock Exchange opened at 6,271.00 points and marked the day’s high at 6,289.80 before closing at 6,279.10 points, a gain of 4.80 points over the previous day’s close.

The market breadth remained positive at BSE with 1,470 counters advancing compared with 980 declining and 37 remaining unchanged.

At BSE, the total turnover stood at Rs.109.76 billion ($2.8 billion). NSE posted a turnover of Rs.236.86 billion ($6 billion).