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Noon: Sensex crosses 10,000 level on stimulus hopes

Noon: Sensex crosses 10,000 level on stimulus hopes
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First Published: Fri, Jan 02 2009. 01 40 PM IST
Updated: Fri, Jan 02 2009. 01 40 PM IST
New Delhi: The Bombay Stock Exchange benchmark Sensex crossed the 10,000 mark in afternoon trade on Friday, 2 December on hopes of further cut in interest rates and an expected second stimulus package from the government.
Investor sentiment was bullish especially in the metal, realty and infrastructure segments.
At 1:45pm, the 30-share BSE Sensex traded higher by 105.78 points at 10,009.24 and 50-share NSE Nifty also crossed 3,000 level at 3061.30, up by 27.85 points.
Hindalco stocks led the rally at Rs56.70, a gain of 4.61%, followed by Tata Motors at Rs177. 90, 4.07%, DLF at Rs301.30, 3.27%, Reliance at Rs1,286.70, 2.64% and Reliance Infrastructure at Rs626.85, 2.36%.
Meanwhile Asian markets gained in their first day of trading of 2009.
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First Published: Fri, Jan 02 2009. 01 40 PM IST
More Topics: India | Stocks | Sensex | Markets | Shares |