Mkts upbeat, Sensex regains 14K level

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Posted: 2008-07-22 17:27:07+05:30 IST
Updated: Jul 22, 2008 at 1727 hrs IST

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Sensex closes over 200 pts in red IT stocks in green amid weak rupee Markets flat, Sensex ends up 66 points Sensex up over 300 pts on rate cut hopes

Markets upbeat, Sensex adds 254 pts: Extending the gains for the fourth day in a row on Tuesday, the Bombay Stock Exchange benchmark Sensex closed higher by over 250 points to regain the key 14,000 level after nearly a month.

Marketmen said the trading sentiment turned stronger at mid-way after Finance Minister P Chidambaram's comments in Parliament that the economy grew at an estimated 9.1 per cent in 2007-08.

The 30-share BSE barometer, which had gained 1275 points in the past three sessions, today added another 254.16 points at 14,104.20.

The Sensex touched the day's high of 14,206.13 and dipped to a low of 13,798.18 points.

The wide-based National Stock Exchange index Nifty jumped by 80.60 points at 4,240.10, after rising to a high of 4,262.45 and a low of 4,137.95 points during the day.

Chidambaram participating in the debate on confidence vote in Parliament highlighted the record production figures of wheat, rice, pulses, oil seeds and coarse cereals and termed the 2007-08 as a watershed year for agriculture.

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Mkts upbeat, Sensex regains 14K level

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