The Hindu Business Line : Sensex crosses 4,300 mark

THE BSE Sensex on Monday crossed another psychological barrier of 4,300 levels, touching the 30-month high levels on sustained buying support in stocks across sectors.

The Sensex moving to free-float from today did not have any effect.

Recording its fifth straight rise, the Sensex ended above the 4,300-mark at 4,324.76, gaining 80.03 points (1.89 per cent). On the NSE, the S&P CNX Nifty Index gained 19.40 points (1.456 per cent) to close at 1,375.95.

Mood of the market was so bullish that the negative news of petroleum products price hike was ignored. Market player said the market have turned very risky as there has been constant rise in the stock price without any correction.

Article E-Mail :: Comment :: Syndication

Stories in this Section
Divestment hurdles fail to stop PSU stocks

Chennai alone toes CAS line — Mumbai, Kolkata miss deadline

Dumping of a different kind

S&P upgrades banking outlook to `stable'

Move to boost pension reforms — PPF likely to be phased out

Sensex crosses 4,300 mark

ICICI Venture buys out Tatas in Tata Infomedia