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Sensex crosses 21,000 market

January 8th, 2008

Yet another new high for the BSE Sensex. Sensex is now over the 21,000 mark, the first time in its history. The Indian stock markets opened strong today. Of course, the Asian peers too were reasonably well.

CNX Nifty is up 1.08%. Information Technology stocks recovered today. Almost all of those who are hit by over 3 to 5% yesterday are back in the green. Large cap IT stocks Infosys, Satyam and TCS are up 1%. Wipro is up 0.5%. TechMahindra is getting some weakness. Mooser Baer is up 1%

The Bank Nifty is doing reasonably good. ICICI Bank is up marginally. There was news that ICICI Bank would be listing its stock broking arm ICICI Securities through an IPO shortly. SBI is up 0.71%. HDFC Bank is back into the green and is up by 2%. Other Private Banking stocks Axis Bank, Kotak Bank are up by over a percentage point.

Midcap stocks are doing reasonably good today. RNRL is up 6%. Kesoram Industries is up 2%. Sugar stocks continue to be sweet. Bajaj Hindustan is up 1.97%. Ashok Leyland continues to drive froward as the script is up 1.77%. Hotel Leela has crossed the Rs. 70 mark. The script is now trading at Rs. 71 levels.

Entry Filed under: Equity Markets, BSE, NSE, Opening trade