| Sensex breezes past 11,000 |
| Our Markets Bureau / Mumbai March 28, 2006 |
| Market capitalisation at Rs 29.5 trillion; 1,000 point gain in 33 sessions. After a week of pausing to catch its breath, the market seems to have started on yet another sprint. Four trading sessions after it hesitantly crossed the 11,000-point mark and fell back just as soon, the Bombay Stock Exchange benchmark index today rose more than 1 per cent to close above the psychologically crucial mark for the first time. The Sensex took 33 trading days to travel from 10,000 to 11,000. Led by fast-moving consumer goods and metals stocks, the Sensex closed at 11,079, up by 129 points today, and by 238.43 points, or 2.2 per cent, in the last two sessions. The 50-stock Nifty, too, touched a lifetime high of 3,327.05 points but fell back to 3,321.65, up 41.85 points over Friday |
