Mumbai, Oct 15: The Sensex today zoomed past the 19,000 mark for the first time to touch a new record peak on the Bombay Stock Exchange at 19,058.67 with a massive gain of 639.63 points on sustained heavy speculative demand from Foreign Institutional Investors (FFI's) and mutual fund operators.
Similarly, the Broader based S&P CNX Nifty index of NSE also crossed the 5600 barrier and ended at a new historical high at 5670.40 points with a big gain around of 142 points from its last close of 5428.25 points.
Brokers said,''The market witnessed another spectacular bull run today, with the Sensex hitting 19,000 milestone in late trade. Metal stocks hogged the limelight. The market had consolidated throughout the day after an initial surge. Easing of political worries and improved Index of Industrial Production (IIP) figures for August 2007 boosted the bourses. Besides metal shares, banking and capital goods stocks were also in demand along with Reliance Energy.
All the BSE sectoral indices rose today. Asian markets were in the green, while European markets were mixed.
The BSE 30-share Sensex opened high at 18,525.61 points. Sensex surged past the 19,000 mark in late trade. It hit an all time high of 19,095.75 in intra day trade.
Sensex completed the journey of 18000-19000 mark in just four trading sessions. It had first hit 18,000 mark on October 9 2007.
The Nifty index of NSE, however, resumed flat at 5428.35 points. It hit a fresh all-time high of 5,682.65 in intra day trade. The index touched the day's low at 5419.90 points.
Of the 30 shares of the Sensex, 27 had moved up, while the remaining were trading down. The market breadth was strong on BSE: 1,858 scrips advanced, 883 declined, while 359 remained unchanged.
BSE Mid Cap index gained 2.56 pc to 7,722 and BSE Small Cap index rose 2.38 pc to 9,314.87.
BSE clocked a turnover of Rs 9943 crore, compared to last Friday's Rs 9,602.57 crore.
Emerging markets-dedicated equity funds posted strong inflow for yet another week. For the third consecutive week, emerging markets equity funds recorded inflow in excess of USD 5 billion at USD 5.1 billion, in the week ended October 10 2007. Funds dedicated to emerging Asia had the most inflows in the seven-day period, of USD 2.13 billion.
Steel Authority of India (Sail) rose by 15.57 per cent to Rs 259.10 and also hit an all-time high of Rs 267.40.
Reliance Energy surged by 14.22 per cent to Rs 1,869. It hit an all-time high of Rs 1,886 today and was the top gainer from the Sensex pack.
ONGC was up by 9.58 per cent to Rs 1,196.20. It hit all-time high of Rs 1,200. Bharti Airtel went up by 6.51 per cent to Rs 1,138.90.
State Bank of India gained 5.08 per cent to Rs 1,956.95. It hit an all-time high of Rs 1,975.70.
Maruti Suzuki India rose by 5.03 per cent to Rs 1,152 to hit an all-time high of Rs 1,174.70.
Capital goods stocks also gained. Larsen&Toubro was up by 1.61 per cent to Rs 3,415, followed by Bharat Heavy Electricals by 2.97 per cent to Rs 2,422 and Suzlon Energy by 3.88 per cent to Rs 1,763.95.
NTPC surged by 4.25 per cent to Rs 226.75 after it signed a memorandum of understanding (MoU) with the state government of Bihar and the Bihar State Electricity Board (BSEB) to promote a joint venture company for establishing and operating a 3x660 mega watt coal-based thermal power project at Nabinagar in Aurangabad district of Bihar.
India's largest private company in terms of market capitalization and oil refiner Reliance Industries (RIL) was up by 4.08 per cent to Rs 2,671.50.
Side counters Punjab Communications was up by 20 per cent to Rs 40.15. Similarly, Sharyans Resources rose by 20 per cent to Rs 337.85, Dhandapani Finance by 20 per cent to Rs 49.80, Shri Dinesh Mills by 20 per cent to Rs 1,498.90.
Hindustan Unilever was down by 0.81 per cent to Rs 219.60, followed by Ranbaxy Laboratories by 0.21 per cent to Rs 429 and Infosys by 0.02 per cent to Rs 1,930.
Ultramarine&Pigments was down 10.3 per cent to Rs 38.30, followed by Nicco Parks&Resorts by 9.54 per cent to Rs 74 and Jeypore Sugar by 9.22 per cent to Rs 207.30.
European markets, which opened after Indian markets, were trading mixed. France's CAC 40 was up 0.33 per cent to 5,863.29 and UK's FTSE 100 was also up by 0.26 per cent to 6,748.20. Germany's DAX was down 0.07 per cent to 8,034.87.
Most of the Asian markets were trading higher today, as Japan's Nikkei was up by 0.16 per cent at 17,358.15, followed by Hang Seng by 2.44 per cent at 29,540.78, Singapore's Straits Times by 0.12 per cent at 3,862.02 0and South Korea's Seoul Composite by 0.44 per cent at 2,035.39.
US markets ended higher with moderate gains on last Friday, as technology stocks advanced on takeover news and economic data gave indication that the economy looks healthy.
Dow Jones Industrial Average gained by 77.96 points, or 0.56 pc at 14093.08. The Nasdaq composite index advanced by 33.48 points, or 1.21 pc at 2805.68. The Standard and Poor's 500 Index surged by 7.39 points or 0.48 pc to close at 1,561.80 which reflected on the indian bources, a leading broker pointed out.
Crude oil prices were little changed on Monday, 15 October 2007 hovering within sight of last week's record high of USD 84.05 a barrel as mounting tension between Turkey and Iraq added to a rally fuelled by winter supply worries and dollar weakness. US light, sweet crude for November delivery fell 12 cents to USD 83.57 a barrel. London Brent crude fell by 34 cents to USD 80.21 a barrel, brokers added.