Key Indian share index scales new peak

By IANS

Mumbai : Taking analysts by surprise, a key Indian equities market index topped the 21,000-point mark for the first time ever during intra-day trading Tuesday, maintaining the momentum in the New Year.


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Soon after trading commenced, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) scaled to a new peak of 21,077.53 points, against the previous day’s close at 20,812.65.

The index was ruling slightly lower 21,025.68 points by mid-morning Tuersday – but still higher by 213.03 points, or 1.02 percent, over the previous close, as hectic buying was witnessed across sectors.

While small-cap shares were up 1.86 percent, mid-cap scrips were also not far behind with a gain of 1.28 percent over the previous day’s close, data with the Bombay Stock Exchange (BSE) showed.

Reliance Communications, HDFC Bank, Bharti Airtel, Tata Motors, ITC, Larsen and Toubro, State Bank of India, Bharat Heavy Electricals, Housing Development Finance Corp and Reliance Energy were among the top Sensex gainers.

Software major Wipro and aluminium maker Hindalco were the only two Sensex shares that were trading in the red.

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