9.9.11

Sensex regains 17k

The BSE benchmark sensex on Wednesday regained the 17,000 mark after nearly a month by adding over 202 points on buying by funds in fundamentally strong stocks led by RIL, amid firming global trend. The sensex, which had gained 149 points on Tuesday firmed further by 202 points to 17,065, highest close since August 11. Intra-day, it had touched a high of 17,157. Brokers said buying picked up on firm global trend. Asian markets gained and European markets also opened strong. Investors picked up strong stocks available at cheaper levels following a 8.4% fall in the market in August. The broad-based National Stock Exchange index Nifty gained 60 points to 5,125, after rising to 5,155 as stocks of realty, power and banking sector ended higher.

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