Our Sensex’s climb today clearly put the ages-old Friday the 13th superstition or jinx to rest.
The benchmark Sensex index rose by 1.1% to 12,700 points today, topping a earlier intraday peak which was set nearly four months back.
India’s major players such as India’s Oil and Natural Gas Corporation and leading technology firms such as Infosys led the advance.
Market continued its record breaking spree by surging past the 12,700-point milestone for the first time in history, with market sentiments turning upbeat on expectations for robust second-quarter corporate earnings results.
The Bombay Stock Exchange’s 30-share barometer index, Sensex, touched a new peak of 12,719.53 points on aggressive buying by funds as well as retail investors.
This very welcomed Sensex’s recovery marks a change in fortunes for the exchange, which nose-dived in value earlier this year.
On the other hand, did the recently released Bollywood film Gafla (based on Mumbai Stock Exchange) have anything to do with this sudden rise?
Comments
No comments yet | Add your comment »