NATIONAL Sensex soars to new closing peak; ends at 9,394.27 Driven by ample liquidity on the back of strong economic fundamentals, the sensex today (Dec 19, 2005) soared by 110 points to a new closing peak of 9,394.27, extending its rally to a second straight day even as the Government pegged GDP growth rate at 7.5 per cent and initiated pro-reform steps.
Fujitsu may invest $22 mn to expand India operations Fujitsu, the world's third largest IT services company, may pump in an investment in the region of USD 22 million in India over the next two years to aggressively expand its presence in this country.
Tokyo-based USD 45 billion technology conglomerate has plans to set up a 2000-seats offshore development centre in Hyderabad, a platform solutions centre in this country and an R & D centre in Bangalore.
Sensex scores another ton; scales over 9,400 points India's benchmark stock market index today (Dec 19, 2005) set another record, when it scaled over 9,400 points level during intra-day trading on the Bombay Stock Exchange on aggressive buying by funds and general investors in select blue-chip stocks.
Government invites EoI for sale of Maruti shares The Government today (Dec 19,2005) invited Expression of Interest from public sector financial institutions and banks for selling eight per cent of its 18.28 per cent stake in Maruti Udyog Ltd and said it was open to selling the entire shares on offer to a single bidder.
Sensex reaches new peak of 9,341 during early trade The Sensex today (Dec 19,2005) rose smartly and touched a new historic peak of 9,340.63 points at the opening session on the Bombay Stock Exchange on increased buying by Foreign Institutional Investors (FIIs).
