| Wednesday, May 03, 2006 |
| Sensex at a new high of 12,311 |
The Sensex opened with a positive gap of 12 points at 12,231. The first one-hour of the trading saw extreme volatility.
The index at first gained over 100 points, then tumbled down into the negative zone to touch a low of 12,134.
The index, thereafter, recovered and displayed range-bound movement with a positive bias before surging to a new all-time intra-day high of 12,337 - up 203 points from the day's low.
The Sensex finally closed with a gain of 92 points at a new all-time high of 12,311.
The Nifty has gained 25 points to close at a new high of 3,631.
Foreign Institutional Investors (FIIs), who had slowed down their activity last week, reportedly made a handsome purchase of Rs 2513.80 crores on April 28 which also aided the sentiment, a broker said.
The BSE Bankex rallied over 3% to 5,628. The Auto and IT indices were up nearly 1% each at 5,657 and 4,068, respectively. On the other hand, the Metal index dropped nearly 1% to 11,037.
Gainers: Infosys, Satyam, TCS, Wipro, HLL, ICICI Bank, SBI, HDFC Bank
Losers: Bajaj, Ranbaxy, RIL
Tags: sensex|nifty|stock market news |
posted by Stock & Shares @ 5:10 AM  |
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| 1 Comments: |
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I recently started blogging about my stock market experience. check it out, you may fight it interesting
http://buysellorhold.blogspot.com/