Sensex Starts 19K Journey

Sensex19KJourneyThe 30-share benchmark index today opened up strongly after making a profit of 193 points at 18,473.43. The Sensex carried on its hopeful drive, as it appended over 350 points in the opening sessions of trade.

Asian stocks today continued to add gains on relieving worries that the world’s largest economic system is pointing towards a slump.

In early trading (10.13 a.m), BSE Sensex was trading at 18,646.18, up 365.97 points, where NSE Nifty was trading at 5434.55, up 107.3 points.

Sugar stocks were in the public interest in the opening session. The BSE Midcap ascended 1.91% while BSE Smallcap arose 1.68%.

The overall market feel was optimistic. There were 1398 progressions as against 446 declinations.

Amongst the sectoral indices, BSE Auto gained 0.71%, BSE Bankex zoomed 1.83% and BSE IT added up 1.82%.

The major gainers’ on the Sensex comprised Reliance Energy that made 4.99% to Rs 1,610.25, Bharti Airtel which climbed up 4.78% to Rs 1,090 and R Comm., which soared up 3.70% to Rs 732.00. Some of the other gainers’ in the list were BHEL, Tata Steel and Hindalco.

The losers’ at the BSE Sensex included Maruti Udyog that lost 0.66% to Rs 1,098 and HUL, which declined 0.31% to Rs 223.15.