Again Reliance pushes SENSEX above 18k mark
By </I></FONT><FONT FACE="Arial" SIZE="2"><FONT FA | 10 Oct 2007
Again
the bulls marched over the bears and held complete grip over them. It hit a new
milestone of 18000 on the back of huge liquidity, short covering in F&O and
re-rating of various Sensex constituents.
This is the second fastest rally in history of Indian markets and took just eight trading sessions to move from 17,000 to 18,000. The Sensex had taken six trading sessions to cover the journey from 16k to 17k. Sensex rose nearly 48% since October 09, 2006.