A maturing market amid the mayhem
Sensex upswing continues, ends 2 pct higher
Reliance Industries, ICICI Bank and ITC led the gains in the benchmark index as it traded firm almost throughout the session.
Sectorally, the BSE Realty Index surged 5.3 percent. Mahindra Lifespace ended 22 percent higher, and DLF, India’s top listed realty firm, gained over 6 percent.
The oil & gas and banking indices ended 3.4 percent and 2.8 percent higher respectively.
There was not much action in the Satyam stock today, and it ended 0.5 percent lower at 45.25 rupees.
Reliance Natural, Unitech and Satyam were among the top traded stocks on BSE today.
Investor sentiment seems to have improved with the Sensex extending gains over the past three sessions. But the question remains, will the Sensex be able to sustain this momentum? Is the 10,000 mark in sight now?