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Tuesday, October 23, 2007

Sensex records biggest single day gain

SEBI allayed fears of foreign funds on investments through p-notes and also initiated the process of speeding up the registration of foreign investors, clearing 16 such applications.

Investors cheered this news today and 2nd quarter results, and helped the sensex to record the biggest single day gain today.

It ended the day at 18,492.84, gaining 4.99% or 879 points from the previous close, just to make everyone vow looking at the rising sensex!

I wish I could buy reliance energy stock couple of days back, today it was almost 11% up. Along with Reliance energey, BHEL was up 11.54 %, NTPC 8.84 %, Larsen & Toubro 7.53 % and Reliance Industries 7.83%. These gains proved to be some very impressive stock gains today.

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