Monday, July 25 2005 14:46 Hrs (IST) - World Time -

Mumbai: The Sensex today (July 25, 2005) hit yet another all-time peak at 7478.00 during morning trading on the Stock Exchange, Mumbai (BSE) even as Foreign Institutional Investors (FIIs) pumped in sizeable amount during the last week.

The BSE Benchmark 30-share Index opened on a promising note at 7427.65 as against last Friday's close of 7423.25 and later rallied smartly to a high of 7478.00 before being quoted at 7456.16 at 10.30 am, up by 32.91 points.

The Sensex had scaled the life-time intra-trade high of 7429.95 and an all-time closing peak of 7423.25 in a strong 119-point rally on July 23.

The market remained distinctly bullish despite a warning by Finance Minister P Chidambaram to investors against getting carried away by the booming stock markets.

Brokers said investors were seen making fresh commitments on the back of sustained FIIs inflows and announcements of excellent quarterly working results from some major corporates besides easing crude prices.

FIIs reported net investments of Rs 1,374.20 crore during the first four days of the week, as per figures released by the SEBI.

The sentiment was also aided by reports of good rainfall across the country.

Blue chip counters like RIL, Tata Steel, SBI, ONGC, ITC, Maruti Udyog, ICICI Bank, HLL, HDFC Bank, Grasim, Infosys Tech, Hindalco and Cipla were quoted remarkably higher on fresh buying support.

However, Bajaj Auto, BHEL, Bharti Tele, Dr Reddy's Lab, HDFC, Hero Honda and Wipro showed sharp falls.