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Nifty touches 6000 – Indian markets open in green

November 1st, 2007

The Indian Stock Markets continued their rally with the Nifty touching its historic life time high of 6000 mark much ahead of the Diwali. Nifty took 24 days to move from 5000 points to 6000 points. The move is really fast considering the move from 4000 to 5000 points took 204 days while the move from 3000 to 4000 points took 212 days.

RIL, RPL, ONGC and SBI have pushed the index upwards while Bajaj Auto, ITC, BPCL, DRL, HPCL, ACC and Infosys have been laggard during the move to the 6K.

Meanwhile, Sensex is firm at 20099 points. Min cap financial stocks are trading positive in the early hours of trade today. Sterlite, Unitech and few stocks of Reliance pack are in the green while Bharti Airtel, VSNL and in the red.

Entry Filed under: Equity Markets, NSE, Opening trade