Saturday, November 2, 2013

Sensex ends Samvat 2069 at new high

MUMBAI: Trading in Samvat year 2069, the Diwali-to-Diwali year of the trading community on Dalal Street, ended on a high with the sensex scaling a new record at 21,294 in intra-day trades and closing at 21,197 — also a new closing peak. During the current Samvat year, the index added nearly 14% but investors were richer by just Rs 2.35 lakh crore, with the BSE\'s market capitalization now at Rs 68.1 lakh crore. On Friday, the index gained 32 points on the back of signs of a revival in the economic fundamentals, market players said.

The day\'s session started on a strong note with the sensex recording a new peak within the first half, but from thereon it was a lackluster trading session. Like in the previous 20 sessions, on Friday too the gains came on the back of foreign fund buying with BSE data showing a net FII inflow of Rs 187 crore, while domestic funds continued to remain net sellers.
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