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Sensex breaches 7200 mark
MUMBAI:
The Bombay Stock Exchange sensitive index (Sensex) on Monday crossed the 7200 level for the first time in the history of the exchange and later ended at an all time closing high of 7151.08. The BSE benchmark 30-share sensitive index opened weak at 7136.39 against the last weekend close of 7148.62 and moved down further to an intra-day low of 7133.94. Thereafter, it shot up on revival of heavy buying and touched a historic intra-day high of 7228.21, before closing at 7151.08, showing a marginal gain of 2.46 points.
Reliance group shares stole the show as prices moved in a wide range on heavy bouts of buying and selling, a broker said.
The biggest price fluctuation was seen in Anil Ambani's Reliance Capital, which opened firm at Rs. 354.80 against the last close of Rs. 341.10 and after moving widely between Rs. 393.25 and Rs. 354.80, closed at Rs. 365.30, showing a sharp rise of Rs. 24.20 over the previous close. Meanwhile, the Mukesh Ambani firm IPCL also resumed strong at Rs. 174 ahead of the company's annual meeting and after shooting up to an intra-day high of Rs. 187, ended at Rs. 176.85 against the previous close of Rs. 167.10. — PTI
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