Friday, January 25, 2008

Record gains on markets

It proved as the most eventful week on the stock markets. What started as a bloodbath on the street ended with a solid recovery. Taking their cue from firm global markets, share prices surged today with the Sensex registering its biggest ever single day rise in absolute terms on a closing basis.

Sensex closed up 1,139.92 points or 6.62% at 18361.66, and the Nifty up 349.90 points or 6.95% at 5383.35.

Reliance Industries (RIL) rose 4.60% to Rs 2605.India’s largest private sector bank by assets ICICI Bank surged 11.57% to Rs 1263.

India’s leading engineering and construction firm by revenue Larsen & Toubro jumped 9.95% to Rs 3890.40.

Among the Sensex gainers, Hindalco Industries surged 15.09% to Rs 175, Reliance Energy soared 11.74% to Rs 2029, NTPC spurted 9.67% to Rs 223.40, Bajaj Auto sprout 9.02% to Rs 2300 and Mahindra & Mahindra jumped 8.69% to Rs 680.

Labels:

0 Comments:

Post a Comment

<< Home