TOP STORIES

Jayam Ravi to join hands with Vijay

Chennai: Actor Jayam Ravi who had a fantastic 2015 with several hits including 'Thani Oruvan',...... Read More >>

Natraj is going great guns

Chennai: Cinematographer-actor Natraj Subramaniam will now be acting in a commercial entertainer...... Read More >>

MGR to release 10 June

Chennai: Vishal-starrer 'Madha Gaja Raja' gets another release date. Come 10 June, the movie...... Read More >>

Kamal off to LA for shoot

Actor Kamal Haasan is now off to Los Angeles finally. He has been there to shoot major portions...... Read More >>

Winners of Fast Track Smart City contest out

New Delhi: Union Minister Venkaiah Naidu today announced 13 winners of Fast track Smart City...... Read More >>

MOST POPULAR

VIDEO

Sensex breaches 24,000 level on exit polls forecast

Tuesday, 13 May 2014
PTI

Mumbai: The benchmark Sensex crossed 24,000 mark for the first time on sustained FII buying in power, consumer durables, PSUs, banking and capital goods stocks after exit polls showed the BJP-led NDA will form the new government at the Centre.

The 30-share BSE barometer, after opening on a strong note, breached 24,000 level to trade at an all-time high of 24,068.94 by surging 517.94 points, or 2.19 per cent, at 1200 hours.

The rally was led by stocks of Coal India, Reliance Industries, SBI, ICICI Bank, NTPC, ONGC, Larsen and Toubro, ITC, Maruti Suzuki and Infosys.

The Sensex had gained over 1,206 points in the last two trading sessions.

The broad-based Nifty of the National Stock Exchange zoomed by 151.50 points, or 2.16 per cent, to hit a new high of 7,165.75.

Stocks of PSUs, oil and gas and capital goods sectors turned investors' fancy, helping the key indices to touch historic highs.

Besides, positive global cues too triggered buying by foreign funds, they said.

The power sector index gained the most by rising 4.45 per cent to 1,875.41, followed by capital goods index by 4.17 per cent to 13,450.52.


      

Today's E-Paper

Polls

Should Stalin have been given a better seat?