BSE Sensex crosses 12,000 mark

Similarly, the National Stock Exchange index, Nifty surged by 29.45 points at 3,484 points.

The Bombay Stock Exchange index, Sensex, once again breached the 12,000 mark on Thursday.

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After hitting the 12,000-point for the first time 105 days ago on April 20, the 30-share index had last traded above this level on May 18.

The Sensex surged more than 100 points to hit an intra-day high of 12,003.68 in afternoon trade on the back of robust buying in a host of banking, IT and energy stocks.

However, the upward trail has been a longer one for the stock market as against the downward fall during May-June period in 2006.

The Sensex had to wait 65 days to scale an upward journey of nearly 3,200 points back to 12,000 level, from a low of 8,799 points on June 14.

In contrast, the Sensex had taken just 24 trading sessions to plunge more than 3,800 points to 8,799 level, from a life-time high of 12,671.11 on May 11.

The Sensex has managed to trade above the 12,000 level in just 18 trading sessions so far in its history.