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Wednesday, April 7, 2010

Sensex hits 18,000 after 2 years

PTI Wednesday, April 7, 2010 9:27 ISTLast updated: Wednesday, April 7, 2010 11:38 IST
The Bombay Stock Exchange benchmark Sensex today regained the 18,000-points level after almost 25 months on aggressive buying by funds expecting good fourth quarter results by corporates.

The Sensex, which was on an upward march in the last three trading sessions, moved up further by 67.03 points or 0.37% to 18,008.40 in opening trade, the highest since February 2008.
Similarly, the wide-based National Stock Exchange index Nifty rose by 19.80 points or 0.36% to 5,385.80.
Stock brokers said firming Asian markets also supported the uptrend on the domestic front.
The major gainers were Reliance Industries up 0.67% to Rs1,128.70, Reliance Infra up 0.69% to Rs1,093.55, ICICI Bank up 0.76% to Rs1,005.50, DLF Ltd
1.16% to Rs331.70, Tata Steel 0.89% to Rs691.60, Sterlite Industries 0.28% to Rs872.60 and ONG Corp 0.80% to Rs1,090.25.
Meanwhile, Japan's Nikkei was up 0.35% and Hong Kong's Hang Seng index gained over 1.2 % in morning trade today.

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