BSE Sensex Predictions

Wednesday, January 09, 2008

Sensex Touches 21000

In a volatile trading, the benchmark BSE Sensex on Thursday crossed the 21000-mark for the first time in intra-day (early trades) but closed below that mark with a gain of 60.68 points. However, mid-cap and small-cap stocks closed in the red after performing well in the last few weeks.
Though metal stocks plunged, oil and gas and frontline fast moving consumer goods (FMCG) stocks performed well. While the index heavy weight Reliance Industries led the rally, ICICI Bank and ITC too contributed to the gain in the benchmark index.
The Sensex touched the 21000-mark in the opening trade and it took 49 days to cover the 1000-point journey from 20000 to 21000. Interestingly, in the current 1000-point journey, the BSE mid-cap index gained 28 per cent and the small-cap index 41 per cent.
The Sensex closed up 60.68 points at 20873.33 and the 50-share Nifty 8.75 points at 6287.85. The mid-cap index closed down by 285.16 points or 2.82 per cent at 9817.07 and the small-cap index by 459.06 points or 3.28 per cent at 13516.13. (Dated: 9 Jan 2008 Leeds Uk)

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Tuesday, March 21, 2006

Sensex Crosses 11000

The benchmark Sensex scaled yet another milestone on Tuesday, March 21 2006 while surging past the 11,000-point mark for the first time in history.

The 30-share barometer index jumped nearly 60 points to scale a new life-time high of 11,001.50 early in the opening trade. The Sensex breadth was impressive with just three scrips, HDFC Bank, HDFC and TCS, trading in the red on the 30-share index in early morning trade. Tata Power, HLL, Cipla, Hindalco, SBI and ONGC were leading the pack of gainers on the Sensex.

The 1000-point rally in the Sensex from the 10,000-point level to the 11,000 mark on Tuesday materialised in 29 trading sessions. The Sensex had first hit the 10,000-point mark on February 6, 2006.

Tuesday, February 07, 2006

SENSEX Stays Past 10000

Another day, another high. Sensex closed at a new high of 10,082.28, after scaling a life-time high of 10,099.58.

The mood remained bullish on the back of strong FII inflows and robust economic data. The government, today, forecast a GDP growth of 8.1% in the current year, with manufacturing and the agriculture sectors estimated to grow at 9.4% and 2.3%, respectively.

Keep trading ppl..

Monday, February 06, 2006

Mark 10000 Reached

During the day trading on 06 Feb 2006, the BSE Sensex did cross the historical and magical figure of 10000 (to be precise 1,0002.83)

The Day’s 238-point rally was contrary to expectations as it came despite negative news flow about a fresh tussle between Ambani brothers over transfer of ownership of the four companies demerged from the erstwhile Reliance Industries (RIL).

The sky is the limit for the Sensex..

Keep investing

Wednesday, February 01, 2006

9996 Breached

So on 1 Feb 2006, although the BSE Sensex did not close at this level, but during the day's trading it did reach 9996. As predicted, 10000 is just a few days away for the Sensex.

Saturday, January 14, 2006

Crossing the 10000 milestone

Will the BSE Sensex cross the 10000 milestone by the end of Jan? There is a lot of possibility. And i think it will certainly cross the magic figure in Feb 2006, if not in January.