Don’t miss the latest developments in business and finance.

Sensex above 12K; breadth very positive

Image
BS Reporter Mumbai
Last Updated : Mar 05 2013 | 8:20 PM IST

Mirroring the global cues, the Sensex today opened up 232 points at 11,635. Continuous buying in metal, IT and banking stocks have helped the index soar to higher levels.

The Sensex is now up 600 points at 12,005. The index has reached at a seven month high.

Sterlite has zoomed 12% to Rs 458. Mahindra& Mahindra and Hindalco have surged over 9.5% each to Rs 533 and Rs 59, respectively.

Tata Steel and HDFC have increased over 9% each to Rs 260 and 1,893, respectively.

Wipro has added around 8% to Rs 357. Larsen & Toubro, Jaiprakash Associates, TCS and ITC have gained over 7% each to Rs 940, Rs 149, Rs 668 and Rs 203,respectively.

The market breadth is extremely positive, out of 2,364 stocks traded, 1,630 have advanced and 669 have declined so far.

More From This Section

First Published: May 04 2009 | 12:56 PM IST

Next Story