BSE Sensex Ends Optimistic After Scaling 15k Mark
After hitting a new historical mark of 15,007.22, the BSE Sensex, finally settled at 14,964.12 after gaining 102.23 points, whereas the broad based NSE Nifty ended the day at 4,384.85, up 30.9 points.
After opening negatively at 14,843.43, the BSE benchmark index continued to trade strongly for the whole day. The stock index touched the psychological level of 15,000 because of continued buying interest seen in index pivotals. Lastly it finished on a cheerful note. The selected stocks from IT, cement, auto and pharma were in the public interest.
During the week ended Jun. 23, 2007, the inflation climbed up to 4.13%. The market had estimated the inflation to stand at 4.03%.
Today, the stock market has had 1,476 [progression as against 1,104 declinations. Among the sectoral indices,BSE Auto arose 0.44%, BSE Consumer Goods ascended 1.25% BSE IT came up 3.31%, while BSE Bankex and BSE Metal slumped 0.78% and 0.38% respectively.
Stocks which led to the advances were Satyam, TCS, Wipro, Infosys, HDFC Bank and ACC. The major losers’ on the index were ICICI Bank, Cipla, Maruti, HDFC, Tata Steel, ITC and Hindalco.
DLF topped the BSE volume chartbusters list with 5.52 million shares being traded, followed by Reliance Petroleum with 3.90 million shares, Cairn India with 3.30 million shares and ICICI Bank with 3.25 million shares.