Sensex up 90 points in early trade
The Sensex moves up for the 6th day in a row on sustained buying by funds in heavyweight blue-chip stocks.india Updated: Nov 16, 2006 11:02 IST
The benchmark Sensex continued its upward journey for sixth straight day gathering 90 points in early trading on the Bombay Stock Exchange on sustained buying by funds in heavyweights blue-chip stocks.
The 30-share index, Sensex, which had gained nearly 400 points in the past five trading sessions, recorded another 89.13 points to touch new high of 13,555.50 in first five minutes of trading.
The wide-based National Stock Exchange, Nifty also rose by 14.75 points to trade at 3,891.05.
The major support came in from heavyweights like State Bank of India, ICICI Bank, HDFC Bank, Maruti Udyog, Bajaj Auto, ITC Ltd, Reliance Communications, Infosys Technologies, Ranbaxy Lab, Cipla and Dr Reddy's Lab.