Monday, June 27 2005 17:20 Hrs (IST) - World Time -

Mumbai: The Sensex today (Jun 27, 2005) crossed the 7200 level for the first time in the history of the exchange and later ended at an all-time closing high of 7151.08 on the Bombay Stock Exchange in Mumbai.

The BSE benchmark 30-share sensitive index opened weak at 7136.39 as against the last weekend close of 7148.62 and moved down further to an intra-day low of 7133.94.

Thereafter, it shot up on revival of heavy buying and touched a historic intra-day high of 7228.21, before closing at an all-time closing high of 7151.08, showing a marginal gain of 2.46 points or 0.03 per cent over the previous close.

Reliance group shares stole the show as prices moved in a wide range on heavy bouts of buying and selling activity, a broker said.

The biggest price fluctuation was seen in Anil Ambani's Reliance Capital, which opened firm at Rs 354.80 as against the last close of Rs 341.10 and after moving widely between Rs 393.25 and Rs 354.80, closed at Rs 365.30, showing a sharp rise of Rs 24.20 over the previous close.

Meanwhile, the Mukesh Ambani firm IPCL also resumed strong at Rs 174.00 ahead of the company's AGM later today and after shooting up to an intra-day high of Rs 187.00, ended at Rs 176.85 as against the previous close of Rs 167.10.

Elsewhere, RIL opened weak at Rs 651.05 and after rising to a high of Rs 673.25, ended at Rs 648.40, showing a moderate loss of Rs 6.30 over the previous close of Rs 654.70. REL, however resumed higher at Rs 654.70 as against the previous close of Rs 644.30 and shot up to Rs 660.00, before closing at Rs 639.80, showing a small loss of Rs 4.50.