Sensex at new high, up 108 points at mid-session
BSE-30 share index climbed by 108.42 points to quote at a record high of 13,391.33 at 1.00 pm.india Updated: Nov 13, 2006 13:41 IST
Continuing with its upward journey, the benchmark Sensex shot up by more than 108 points at mid-session on Monday on the back of sustained buying by funds as well as retail investors in blue-chip stocks.
The BSE-30 share index climbed by 108.42 points to quote at a record high of 13,391.33 at 1.00 pm.
Similarly, the wide-based National Stock Exchange index, Nifty was up by 20.05 points at 3,854.80.
Marketmen said sentiments were boosted by a fall in inflation to 5.09 per cent in the week which ended on October 28 and a sharp 11.4 per cent rise in the country's industrial production in September.
Major support came in from heavy-weights like HDFC Ltd, Infosys Technologies, Wipro, BHEL, Tata Consultancy, Satyam Computers, ACC, Grasim Industries, Reliance Energy, Bajaj Auto, Tata Motors, Maruti, Reliance Communications, Reliance Industries, Tata Consultancy, ICICI Bank, HDFC Bank, State Bank of India, Dr Reddy's Lab, Cipla and Ranbaxy.