Sensex touches 15,000 mark
Buoyed by the new UPA government, the Bombay Stock Exchange has shown positive results for the fifth day in a row and the BSE benchmark Sensex touched an intra-day high of 14,994.31, coming with a striking distance of the 15,000-mark.
Tata Steel and HDFC were the principal gainers in a session of volatile trade that saw heavy profit-selling and FII purchases.
The Bombay Stock Exchange 30-share barometer settled the day at 14,874.91, netting a gain of 34.28 points or 0.23 per cent over its previous close.
Market men said foreign funds made sizeable purchases in second-line stocks while some domestic institutional investors and operators booked profits in blue-chip counters.
The 50-share Nifty of the National Stock Exchange, however, was fractionally down 4.65 points or 0.10 per cent at 4,525.25 from its last close.