Sensex regains 20,000 level

Sensex regains 20,000 level


PTI

The BSE benchmark reached 20,000 points for the first time after November 2008.

The BSE benchmark Sensex shot up by over 135 points to regain the magical 20,000-level in the opening trade on Tuesday for the first time since January 17, 2008, on spurt in buying of oil and gas, capital goods and banking sector stocks.

The 30-share index of the Bombay Stock Exchange surged by 135.42 points to 20,041.52 in the opening trade, for the first time since January 17, 2008. All the sectoral indices were trading with gains up to 1.30 per cent.

Similarly, the wide-based National Stock Exchange also crossed the crucial 6,000 points to trade 36.40 points higher at 6,016.85 points.

Both indices have regained these levels after almost 32 months. Analysts said sustained inflows of overseas funds, bolstered by fast expanding economy, helped indices to touch the 32-month high.