stocks & share market news

Tuesday, May 02, 2006
Sensex gains 176 points
The bull run at the stock markets continued with the Bombay Stock Exchange benchmark index reaching a new peak in early trade on Tuesday, rising by 232.88 points in the first 30 minutes on increased buying by foreign as well as domestic funds.

The sensex which had closed nearly 191 points higher in a special trading session on Saturday (RPT) in a special trading session on Saturday opened significantly higher at 12,103.78 points and surged to hit a new high of 12,217.77 points, a hefty rise of 175.21 points.

Some profit taking towards the close saw the index pare some gains and finally settle with a gain of 1.5% (176 points) at 12,219.

The Nifty gained 47 points to close at 3,605.

The indices received a major push from blue-chip stocks particularly from cement, pharma and banking segments. Besides, heavyweights from sectors like Cement, Pharmaceuticals, Auto and Engineering pulled the indices up.

Gainers: HLL, ITC, ICICI Bank, HDFC Bank, RIL, Dr Reddy's, Ranbaxy

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posted by Stock & Shares @ 4:34 AM  
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