Home Breaking News Sensex crosses 26,000-mark; IT stocks surge

Sensex crosses 26,000-mark; IT stocks surge

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Sensex crosses 26,000-mark; IT stocks surge

06Mumbai, July 07: A benchmark index of Indian equities markets Mon hit a record high of 26,099.35 points within the early session on pre-budget optimism.

Budget is due July 10.

Good shopping for was ascertained in IT, metal and car sectors, whereas selling pressure was seen in fast moving consumer goods (FMCG) sector.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay stock exchange (BSE), that opened at 26,039.67 points, was commerce at 26,058.61 points (at 9.28 a.m.) in the early session, up 96.55 points or 0.37 % from the previous day’s shut at 25,962.06 points.

The Sensex touched a high of 26,099.35 points and a low of 26,031.05 points in trade. The S&P BSE IT index gained 134.20 points, car index increased  by 112.44 points and metal index moved  up by 104.37 points. However, FMCG index dropped by 33.15 points.

The wider 50-scrip nifty of the National stock exchange (NSE) was trading at 26.85 points or 0.35 % up at 7,778.45 points.

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