Bull run takes sensex to new heights in early trade
Mumbai, Mar 2: The Bombay Stock Exchange(BSE) Sensitive Index(Sensex) opened just below the 10,600 mark at 10,597 as compared to its last close of 10,565 with a gain of 32 points.
Sensex was trading at an all time high of 10,684 points with a gain of 119 points at 1144 hrs.
The National Stock Exchange S&P CNX Nifty index was also up by 39 points at 3,162 points at 1145 hrs.
Metal, banks and FMCG companies were leading the bull run to an all time high on the Sensex.
Oil and gas sector, which was in the red yesterday, made a smart recovery today during the first two hours of trade.
The midcap stocks were also up by 0.79 per cent and the smallcap stock were up by 0.73 per cent.
All the sectoral indices were in the green with consumer durables and capital goods remaining at the bottom of the chart.
The crude oil prices were up again at USD 62.25 per barrel, which could cause concern to the markets.
However, healthy foreign fund inflow in the equity markets was another big boost for the the investors. The Rs 201 crore inflow on Tuesday reported by SEBI was cheering the markets.