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Sensex zooms 95 points
Special Correspondent
MUMBAI:
The stock market moved up to register an all-time high in its index as the bench mark Bombay Stock Exchange (BSE) 30-share Sensitive Index (Sensex) closed up by 94.66 points or 1.31 per cent at 7306.74. It also touched an intra-day high of 7320.25. This is the first time that the Sensex closed above 7300 mark.
A rally in stocks of cement, automobile, bank and capital goods triggered a surge in the Sensex. Eventhough Infosys slipped on profit-booking on the eve of its announcement of first quarter results, stocks such as Reliance Industries helped the market to gain.
PTI reports:
Attributing the heavy FII buying to steep rally in world stock prices, brokers said in the Asian markets, Nikkei shot up by 108.80 points, Hang Seng by 192.77 points and Singapore ST index by 25.20 points.
The FTSE-100 index hit a three-year high at its opening. The Dow Jones Industrial Average rallied by 146.85 points and Nasdaq by 37.22 points.
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