Sensex closes over 6,000-mark
By Our Market Bureau | 18 Nov 2004
Mumbai:
The sensex closed on Wednesday at 6,016.58. This is the
first time since February 2004 that the index has closed
above the 6,000-level.
The
cause for the rise is attributed to sustained buying by
both domestic and foreign institutions. The fall in oil
prices also added to the positive market sentiment.
Sensex
opened strong and remained robustly in the 6,000-plus
range all day. It touched a high of 6,036.70. Overall
the index gained 19.88 points today to close at 6,016.58,
an appreciation of 0.33 per cent.
At NSE, the Nifty gained 12.45 points to close at 1,597.25,
up 0.79 per cent from Tuesday's close.
Though
the sensex has closed over 6,000, market participants
expect the bull run to continue, according to analysts.