Monday, November 28, 2005

Sensex Touches 9000

The Sensex on Monday crossed the magical figure of 9000 and touched a life-time peak of 9000.32 points during mid-session at the Bombay Stock Exchange((BSE) with the help of heavy buying spree by FII's and was also supported by local operators and retail investors.

The BSE 30-share senstive index opened at a new high of 8905.68 and then rallied further to a lifetime peak of 9000.32.

Foreign funds have bought Indian shares worth $780 million in November, taking the total to more than $8.4 billion in 2005, after pulling out more than $800 million in October.

The major gainers which helped the sensex to scale new hights were Infosys Tech, RIL REL, L&T, Grasim, BHEL, Bajaj Auto, Wipro, Tata Power, ITC, HLL, HDFC, ONGC, Satyam, Tata Motors, TCS, SBI and Maruti Udyog.

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