[lbo-talk] Indian shares hit historic high

Sujeet Bhatt sujeet.bhatt at gmail.com
Mon Feb 6 02:21:26 PST 2006


http://news.bbc.co.uk/2/hi/south_asia/4685022.stm

BBC News Last Updated: Monday, 6 February 2006, 10:01 GMT

Indian shares hit historic high

Indian shares have hit a new record with the benchmark Bombay Stock Market (BSE) topping the 10,000 points level for the first time ever. The 30-share BSE index rose 2.7% to close at 10,002.83 points shortly before trading ended on Monday.

The previous all-time high had been 9,993.92, which was reached last week.

The Sensex index has risen more than 40% this year and reports say Monday's rally was spurred on by heavy investing by mutual funds.



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