Stock market crosses 11,000 points mark on buying Thursday, August 3 2006 17:40 Hrs (IST) - World Time -
Mumbai:
Continuing with the upward trend seen this week, the Bombay Stock Exchange index, Sensex, crossed the 11,000 points mark today on the back of massive buying by foreign and domestic funds in heavy-weighted stocks.
The BSE 30-share index, which had closed nearly 125 points higher yesterday, was up by 126.39 points at 11,002.58 in the first 45 minutes of trading. The Sensex had earlier breached the 11,000 mark on May 24.
The Nifty index on the National Stock Exchange gained 31.90 points at 3214.45.
Stock brokers said firming global markets and better earnings posted by most of the companies mainly influenced the trading sentiments here.
All the 30 scrips on the Sensex and 50 on the Nifty were in positive zone while all heavy-weight blue-chip shares recorded hefty gains.