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Sensex surges 243 points; regains 13,000 mark

Sensex surges 243 points; regains 13,000 mark
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First Published: Thu, Mar 22 2007. 01 12 PM IST
Updated: Thu, Mar 22 2007. 01 12 PM IST
PTI
Mumbai: Continuing with this week’s firm trend, the Sensex shot up by another 243 points today to regain the 13,000 mark in early trading on funds buying in line with the global markets as the US Fed kept interest rates unchanged.
The 30 share index (Sensex), which had gained nearly 515 points in the past three trading sessions, gathered another 243.35 points, or nearly 1.75% at 13,189.23 in the first five minutes of trading.
Similarly, the Nifty index on the wide-based National Stock Exchange also gained 75.85 points at 3,840.40.
Stock observers said apart from funds buying, heavy short-covering in derivative segment by operators also worked as a booster.
Most of BSE-30 and NSE-50 stocks were in the positive zone with sizable gains, lifting the Sensex higher.
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First Published: Thu, Mar 22 2007. 01 12 PM IST
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