Sensex crosses 12000 in spl live trading session

Mumbai, Apr 29: Markets were back to all time high levels in the special live trade being conducted today between 1030 hrs to 1330 hrs.

The Bombay Stock Exchange (BSE) Sensitive Index (Sensex) opened higher with a gap of 30 points at 11,881 as compared to the last close of 11,851 points and soon crossed the 12,000 mark touching a high of 12,032 points in the first half of an hour of trading.

The National Stock Exchange (NSE) S&P CNX Nifty index too opened flat at 3,508.35 and touched a high of 3,559.80 at 1102 hrs.

There was an across the board rally in the market this morning following market regulator SEBI relaxing the penalties on top brokerage firm Indiabulls and allowing the 24 tainted brokers to trade in their retail client accounts.

All the sectoral indices led by BSE Metal index were on upward move, BSE metal index was up by 2.91 per cent, midcap index was up by 2.10 per cent and smallcap index was up by 1.98 per cent.

BSE Auto and Bankex indices too were up by 1.73 and 1.39 percent, respectively.

The top gainers on the BSE Sensex were aluminium major Hindalco, Grasim Industries, SBI, Bajaj Auto, Satyam Computers, Gujarat Ambuja Cements, Tata Steel, Cipla, Reliance and Tata Power.

Other big gainers were Tata Power, ICICI Bank, Tata Motors, Bharti Tele, Reliance Energy and ONGC.

The losers on the Sensex was just one company HDFC trailing by 0.26 per cent at Rs 1,295.

Market will be closed on May one on the occasion of Maharashtra Day celebrations.

UNI