This article was first published 18 years ago

Sensex gains 282 points to 11,822

Share:

Last updated on: April 18, 2006 16:37 IST

Bouyant mood on the Dalal Street backed by a 1:1 bonus announcement by TCS saw the Sensex open with a huge positive gap of 11,625 - up 85 points over its previous close.

Buying in other technology stocks and select old index heavyweights led the index cross the 10,700-mark soon.

Buying gained momentum in the noon deals after the Reserve Bank of India left the key rates untouched.

The index zoomed to a high of 11,835, before settling at a record close of 11,822 - up 2.4% (282 points). In the process, the index missed on scoring back-to-back triple century gains by a whisker.

The Nifty gained 92 points to close at 3,517.

Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group

Get Rediff News in your Inbox:
Share:

Moneywiz Live!