BSE Sensex Predictions

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.