Home ECONOMY Sensex hits record high, breaches 28,000-mark

Sensex hits record high, breaches 28,000-mark


Mumbai, Nov 5 :

A benchmark index of Indian equities markets Monday touched a record high of 28,006 points in the early morning trade session Wednesday, surpassing the previous high of 27,969.82 points hit in the intra-trade Monday.

Sensex UpThe index was trading up 82 points or 0.30 percent around 10.30 a.m. at 27,942.58 points before coming down from the psychological barrier of 28,000-mark.

Healthy buying was observed in bank, auto, consumer durable and fast moving consumer goods (FMCG) stocks. While selling pressure was seen in the metal sector.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,907.19 points, was trading at 27,942.58 points (at 10.30 a.m.), up 82.20 points or 0.30 percent from the previous day’s close at 27,860.38 points.

The Sensex touched a high of 28,006.60 points and a low of 27,888.27 points in the trade so far.

The S&P BSE bank index gained 172.40 points, automobile index moved up by 109.81, healthcare index got augmented by 84.11 points, consumer durable index was higher by 73.50 points and FMCG index shoot-up by 41.69 points.

However, metal index dropped by 196.19 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading 30.40 points or 0.37 percent up at 8,354.55 points.