Sensex closes above 15K for the first time, up 81 points

Sensex closes above 15K for the first time, up 81 points
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First Published: Mon, Jul 09 2007. 04 04 PM IST
Updated: Mon, Jul 09 2007. 04 04 PM IST
Mumbai: The benchmark BSE Sensex gained 81 points to close above the 15,000 level for the first time today on buying by funds in heavy-weight stocks, particularly of capital goods and metal sectors.
The 30-share Sensex, which had touched 15K level on Friday but closed a shade lower, climbed 81.61 points, or 0.55%, to settle at a record high of 15,045.73. Earlier, it touched an intra-session high of 15,085.22 points.
Similarly, the wide-based National Stock Exchange index Nifty rose by 34.55 points, or 0.79%, at 4,419.40. It also touched a new intra-day peak of 4,427.55 points.
Market observers said buying was centred around stocks of engineering, capital goods and construction companies on expectations that first quarter earnings will be strong, lifting the Sensex to a record high.
Stocks of banking, oil and gas, PSU, healthcare and Information Technology were also in good demand.
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First Published: Mon, Jul 09 2007. 04 04 PM IST
More Topics: Sensex | Money Matters | Equities |