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Fri close: Sensex touches another high

The BSE index closes 39 points up at 13,130.79 on sustained buying by foreign and domestic mutual funds.

india Updated: Nov 03, 2006 17:36 IST

The benchmark index Sensex closed on Friday at another new high of 13,130.79 on the Bombay Stock Exchange on sustained buying by foreign as well as domestic mutual funds.

The BSE-30 share Sensex, which had gained 58.08 points yesterday, surged to hit a new intra-day high of 13,146.86 points. It later settled 39.67 points up at 13,130.79 on the back of significant rise in heavyweight stocks of oil, energy, cement, steel, PSUs, pharma and sectors.

In similar manners, the wide-based Nifty index on National Stock Exchange ended 14.15 points up at 3,805.35 after rising to 3,809.65 earlier in the day.

PSU oil major, ONGC stocks maintained its upward march on fund-based buying, triggered by favourable corporate reports and gathered anogther Rs 38.75, or 4.62 per cent at Rs 877.70. It touched a high of Rs 884.80 earlier in the day.

First Published: Nov 03, 2006 16:53 IST