Mumbai: The Sensex surpassed all previous records by opening the session with a wide upward gap of over 100 points past the 6200-mark in line with a strong stocks rally prompted by announcement of sweeping tax cuts by the Centre.

In an extremely volatile Bombay Stock Exchange (BSE) today (Jan 9, 2004), the BSE Benchmark 30-share Index opened sharply up at 6211.06 as against yesterday's close of 6108.54 and later rose to a high at 6249.60 before being quoted at 6190.06 at 10:30 hours (IST).

The BSE barometer had risen to the historic closing high yesterday but the all-time trading high of 6150.69 recorded on February 14, 2000 was broken at the opening of the session.

Strongly bullish on the market, operators as well as institutional investors went on a buying spree in response to the incentives announced by the Government with indications of more sops in near future.

The sentiment was bolstered by IT major Infosys Tech's announcement of far better third quarter results than the market expectations. Infosys reported a growth of 28.02 per cent in the Q3 net profits at Rs 328.14 crore.