Sensex closes on record 8,650.17 - Business News
India's benchmark 30-share index today crossed past a new high of 8,700 points on the Bombay Stock Exchange before finally closing 44 points up on 8,650.17.
The 30-share Sensex hit an intra day high of 8,722.17, mainly driven by hectic shortcovering in key heavyweighted counters like RIL, Infosys Tech, L and T, SBI and Satyam Computer.
The Sensex fluctuated between the 8700 and the 8500 mark for most of the day.
Small cap stocks fell by 111 points even as hedge funds and operators covered their short positions in some index heavyweights.
The broad-based BSE-100 index firmed up further by 11.46 points to 4566.99 from previous close of 4555.53.
The BSE-200 index and the Dollex-200 were quoted modestly up at 1098.23 and 415.65 at close compared to previous close of 1096.32 and 414.08 respectively. The BSE-500 index edged up by 1.64 points to 3525.83 from yesterday's close of 3524.19 and the Dollex-30 ended higher at 1614.71 from 1602.89.
The total volume of business was substantially up at Rs 4258.20 crore from Rs 3706.65 crore yesterday. FCs software remained the most active scrip with the highest turnover of Rs 317.17 crore followed by Ril (Rs 230.48 crore), McDowell (Rs 184.87 crore) Rel Capital (Rs 153.05 crore) and Satyam Computer (Rs 148.94 crore).
The 30-share Sensex hit an intra day high of 8,722.17, mainly driven by hectic shortcovering in key heavyweighted counters like RIL, Infosys Tech, L and T, SBI and Satyam Computer.
The Sensex fluctuated between the 8700 and the 8500 mark for most of the day.
Small cap stocks fell by 111 points even as hedge funds and operators covered their short positions in some index heavyweights.
The broad-based BSE-100 index firmed up further by 11.46 points to 4566.99 from previous close of 4555.53.
The BSE-200 index and the Dollex-200 were quoted modestly up at 1098.23 and 415.65 at close compared to previous close of 1096.32 and 414.08 respectively. The BSE-500 index edged up by 1.64 points to 3525.83 from yesterday's close of 3524.19 and the Dollex-30 ended higher at 1614.71 from 1602.89.
The total volume of business was substantially up at Rs 4258.20 crore from Rs 3706.65 crore yesterday. FCs software remained the most active scrip with the highest turnover of Rs 317.17 crore followed by Ril (Rs 230.48 crore), McDowell (Rs 184.87 crore) Rel Capital (Rs 153.05 crore) and Satyam Computer (Rs 148.94 crore).
posted by Sensex-Blog Admin at 1:39 PM
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