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Midsession: Sensex crosses 10,000 mark on strong US data

Midsession: Sensex crosses 10,000 mark on strong US data
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First Published: Thu, Mar 26 2009. 02 56 PM IST
Updated: Thu, Mar 26 2009. 02 56 PM IST
Mumbai: Indian shares extended their rise to touch 10,000-mark on Thursday afternoon, as unexpectedly strong US economic data fuelled hopes for a global economic recovery and boosted markets worldwide.
Short covering in monthly derivatives contracts that expire on Thursday also helped.
By 2:53 pm the 30-share BSE index was up 2.9% at 9,951.34 points, after climbing to as much as 9,966.02. Twenty-seven stocks were up.
The 50-share NSE index was up 2.5% at 3,058.95.
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First Published: Thu, Mar 26 2009. 02 56 PM IST
More Topics: BSE | NSE | Sensex | Markets | Stocks |