Sensex settles at record 12,310 with 92 pts gain

Mumbai, May 3 (UNI) The benchmark index of the Bombay Stock Exchange (BSE) registered all time high close of 12,310.72 points with a gain of 91 points as compared to the last close of 12,218.

The National Stock Exchange (NSE) S&P CNX Nifty index too closed at another life time high of 3,634.25 with a gain of 29 points as compared to the last close of 3605.45, Nifty touched a new all time high of 3,640.80 in the intra-day trade.

Sensex touched a new all time high of 12,337 points in intra-day trade.

Sensex thus gained 966 points in the last four trading days after dipping to 11,344 points on Friday morning as it closed at 12,310.72 today.

Sensex braved the crude oil price rise as it hovered around USD 75 per barrels today at USD 74.90 per barrel.

Banks made huge gains with the BSE Bankex index up by 3.07 per cent; BSE Technology index was also up by 1.25 per cent and BSE IT index was up by 0.90 per cent.

The leading gainers among the bank were ICICI Bank up by 4.28 per cent; SBI was up by 2.58 per cent; HDFC Bank was up by 1.34 per cent; Punjab National Bank was up by 4.22 per cent; Canara Bank was up by 1.83 per cent; Bank of Baroda was up by 4.06 per cent; Karnataka Bank was up by 5.95 per cent.

BSE Midcap and Smallcap indices were up by 0.50 per cent and 0.58 per cent respectively.

Earlier this morning markets turned volatile as the BSE Sensex touched new all time high of 12,323 points, then dipped into red trading at a low of 12,134 as compared to the last close of 12,218.

Earlier the BSE Sensitive Index (Sensex) opened higher with a gap of 13 points at 12,231.12 as compared to the last close of 12,218 points and crossed the 12,300 mark in the first half an hour of trading.

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