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Key Indian equity index breaches 18,000 level
Tuesday, 09 October 2007, 19:30 IST
Mumbai: A key Indian stock market index touched an all-time high during intra-day trading Tuesday and breached the psychologically important 18,000-point mark for the first time ever.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) scaled past the 18,000-point mark at around 3 p.m. and was trading at 17,992.02 points - up 500.63 points, or 2.86 percent, over the previous day's close.
It took the representative index of 30 shares all of eight days to jump 1,000 points from the 17,000 level. Previously, it took five sessions for the index to move from 16,000 to 17,000 level, 53 sessions to move from 15,000 to 16,000 and 147 days from 14,000 t0 15,000.
All the 30 scrips that make up the key index were trading in the positive territory.
Reliance Energy led the gainers, followed by Reliance Communications, Grasim Industries, Tata Steel, Maruti Suzuki, Reliance Industries, NTPC, Larsen and Toubro, State Bank of India and Tata Motors.
Source: IANS
Source: IANS