Sensex breaches 14,000 mark
The BSE index rises by 61 pts in early trade on Wednesday due to sustained buying by funds and retail investors.india Updated: Jan 06, 2007 20:28 IST
Tracking firm Asian markets, the benchmark index, Sensex, rose by over 61 points to cross the 14,000 level in early trading on Wednesday on the Bombay Stock Exchange on sustained buying by funds and retail investors.
The BSE-30 share index, Sensex, in line with its Tuesday's upward march, climbed by another 61.61 points to 14,003.85 in the first five minutes of trade.
On the broader National Stock Exchange, Nifty was up by 14.35 points at 4,021.75.
Stock brokers said reports of firming trends at other Asian markets and expectations of improved third-quarter results from corporate majors were major factors behind upward march.
The major support came in from stocks like Reliance Industries, Reliance Capital, Reliance Energy, BHEL, Larsen and Toubro, Infosys Technologies, Grasim Industries, Bajaj Auto, Maruti Udyog, Mahindra and Mahindra, Hindustan Lever and Reliance Communications.