Sensex races toward 21k, adds 125 pts at closing
Stock market benchmark Sensex on Monday rises 125 points to close in on the next milestone of 21,000.business Updated: Jan 07, 2008 16:42 IST
Stock market benchmark Sensex on Monday rose 125 points to close in on the next milestone of 21,000 as investors bought shares on expectations that companies will announce good quarterly results later this month.
The Sensex remained in bull orbit and added 125.76 points to settle at 20,812.65. The key-index touched the day's high of 20,861.83 and a low of 20,438.19 points.
The National Stock Exchange index Nifty rose by 4.80 points at 6,279.10, after touching a high of 6,289.80 and a low of 6,193.35 points.
Major support to the market came in from realty sector as its index surged 328.88 points to 13,614.17 points. Bank index rose 286.93 points to 12,191.99, while capital goods index added 121.32 points to reach 20,150.56 points.