The benchmark BSE Sensex breached 28,000-mark for the first time on WednesdayNov 05,2014 on sustained fund inflows amidst optimism over encouraging
corporate earnings.
Foreign investors are back to buying domestic stocks after a brief selling in early October. So far this year they have bought Indian shares nearly $14 billion (Rs. 84,000 crore at $1 = Rs. 60 rupee). Overseas investors bought Indian shares worth Rs. 1,413 crore on Monday, buying for a fourth straight session.
Besides, falling global crude oil prices which dipped to its lowest closing point since October 2011 also influenced trading sentiments, brokers said.
The 30-share index flared up by 141.57 points, or 0.50 per cent, to hit a new peak of 28,001.95, surpassing previous intra-day record of 27,969.82 reached on Monday Nov 03,2014
Prominent gainers among the 30 Sensex stocks were Bajaj Auto, BHEL, Cipla, ITC, L&T, SBI, Sun Pharma, TCS, Tata Motors and Tata Power.
Foreign investors are back to buying domestic stocks after a brief selling in early October. So far this year they have bought Indian shares nearly $14 billion (Rs. 84,000 crore at $1 = Rs. 60 rupee). Overseas investors bought Indian shares worth Rs. 1,413 crore on Monday, buying for a fourth straight session.
Besides, falling global crude oil prices which dipped to its lowest closing point since October 2011 also influenced trading sentiments, brokers said.
The 30-share index flared up by 141.57 points, or 0.50 per cent, to hit a new peak of 28,001.95, surpassing previous intra-day record of 27,969.82 reached on Monday Nov 03,2014
Prominent gainers among the 30 Sensex stocks were Bajaj Auto, BHEL, Cipla, ITC, L&T, SBI, Sun Pharma, TCS, Tata Motors and Tata Power.
No comments:
Post a Comment