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Wednesday, October 03, 2007

Market hits record high for the tenth consecutive trading session

Did you see the markets today, I told you it's touching 19000 again. Now read the details what it has been doing all over the day.

The market surged today in a volatile trade, with both the niche indices, BSE Sensex and S&P CNX Nifty, striking all-time highs. Can you imagine, all time highs! Index heavyweight like Reliance Industries surged today. Pharma pivotals edged lower whereas IT pivotals rallied. Market breadth which was strong earlier during the day, turned weak in mid-afternoon trade. Asian markets were mixed after firm opening. European markets were in the green.

Sensex ended up 518.42 points or 2.99% at 17,847.04 an all time closing high. It had hit a fresh all-time high of 17,953.07 in early afternoon trade. It hit a low of 17,288.41 during mid-afternoon trade. Sensex opened with a upward gap of 138.79 points.

What else data you need to be joyful today and have couple of drinks to celebrate the market highs!

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