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Sensex surges 1.63% to new record close

Sensex surges 1.63% to new record close
PTI
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First Published: Thu, Jul 19 2007. 04 40 PM IST
Updated: Thu, Jul 19 2007. 04 40 PM IST
Mumbai: The key market indices, Sensex and Nifty, on 19 July scaled new peaks on brisk buying by foreign and domestic funds, even as Reliance Industries’ stock touches its all-time high.
The 30-share Sensex surged by 248.96 points, or 1.63%, to a new high of 15,550.13. It also touched an intra-day peak of 15,593.31 and low of 15,357.38 points.
Similarly, the wide-based National Stock Exchange index, Nifty, climbed to close at an all-time high of 4562.10 by gaining 62.55 points. During the day it surged to 4,573 and touched a low of 4496.20 points.
The rally in the market was led by the index heaviest Reliance Industries stock, which shot up by Rs85.35 at a record high of Rs1,896.45, after touching Rs1,925 intra-day.
The oil and gas index remained the biggest gainer by rising 231.20 points at 8,168.35.
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First Published: Thu, Jul 19 2007. 04 40 PM IST
More Topics: Money Matters | Equities |