Sensex regains 10,000 level on 16th Dec'08,after five weeks

Sensex hits 10000 as RIL,ONGC surge

Benchmarks spiked in the last one hour of trade following surge in index oil&gas heavyweights like Reliance Industries and ONGC. Banks, IT and healthcare stocks provided much needed support. Bombay Stock Exchange’s Sensex closed at 10,003.98, up 171.59 points or 1.75 per cent. The index touched an intra-day high of 10,006.39 and a low of 9790.31.

National Stock Exchange’s Nifty ended at 3050.60, up 2.33 per cent or 69.40 points. The broader index hit a high of 3052.55 and a low of 2963.30.

BSE Midcap Index closed 2.50 per cent up and BSE Smallcap Index ended 3.25 per cent higher.

Significant gains in ONGC (6.67%), Grasim Industries (5.14%), HDFC Bank (4.73%), Tata Motors (4.52%), ACC (4.38%) and NTPC (3.74%) propped up the Sensex.

Losers comprised Sterlite Industries (-7.18%), HDFC (-4.16%), Reliance Communications (-1.74%), Reliance Infrastructure (-1.39%) and Larsen & Toubro (-1.36%).

Market breadth on BSE showed 1862 advances against 631 declines.

(All figures are provisional)