The 30-share benchmark, BSE Sensex hit psychological figure of 20,000 mark in the morning trades. It opened with a mark of 20,018.17 backed by strong buying spree in frontliners and global cues. The rise was also due to buying in funds. Currently the index is trading on a strong note.
All sectors were trading in the positive.
Asian markets on Thursday (Dec. 06, 2007) advanced on anticipation that the US economy will avoid a recession.
BSE Sensex is trading at 19,958.25, up 220.18 points, while NSE Nifty is trading at 5995.25, up 55.25 points (10.05 a.m.)
The BSE Midcap rose 1.43% and BSE Smallcap rose 1.99%.
Out of the total 1,953 stocks traded at the BSE, 1,711 advanced, 221 declined, while 21 remained unchanged.
Amongst the sectoral indices, BSE Auto rose 0.96%, BSE IT rose 1.04%, BSE Power rose 1.29%, BSE Realty rose 1.26%, BSE Metal rose 1.44%, BSE Bankex rose 1.54%.
Leaders at the BSE Sensex were NTPC, which rose 2.15% to Rs 249.40, ITC rose 2.08% to Rs 196.60 and HDFC Bank rose 1.89% to Rs 1760.25. ICICI Bank, ONGC, M&M and BHEL also moved up.
Laggards at the BSE Sensex include Wipro, which declined 0.80% to Rs 495.00, Grasim, declined 0.21% to Rs 3788 and Bajaj Auto shed 0.16% to Rs 2,795.50.
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