Jump to content

Bombay Stock Exchange Sensex crosses 13,000 mark in morning trade

Add links
Unchecked
From Wikinews, the free news source you can write!

Monday, October 30, 2006

The Bombay Stock Exchange

The BSE Sensex touched another milestone by crossing the historic 13,000 mark. The BSE's main index reached to 13,039.30 in morning trade, surpassing the previous peak of 12,994.45 set earlier this month on October 17. After 135 trading sessions the new milestone of 13,000 has been achieved. Sensex also gained today all-time closing high of 13,024.26 points.

Reliance Communications Ltd. gained almost 3 percent when it announced it's better than expected results in the morning. Dr. Reddy's Laboratories Ltd. gained 4.09 percent at 760 while Bhari Airtel group gained 2.65 percent at 541.25. Infosys gained Rs. 6.55 at Rs. 2,104 per equity share.

People are expecting bullish market and looking for higher benchmarks. Nimesh Kampani, Chairman, JM Morgan Stanley expected the new milestone of 14,000 mark by March, next year.

Sources

[edit]
Wikinews
Wikinews
 This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
Wikinews
Wikinews
 This article features first-hand journalism by Wikinews members. See the collaboration page for more details.

Share this:  E-mail this story Share on Facebook Share on reddit.com Share on LinkedIn.com Share on twitter.com


This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.
Retrieved from "https://en.wikinews.org/wiki/Bombay_Stock_Exchange_Sensex_crosses_13,000_mark_in_morning_trade"