Sensex hits 20,000 level for first time in 2 years

January 15, 2013 10:16

The BSE benchmark Sensex on Tuesday breached the 20,000-mark in the opening trade after two years on sustained buying by funds, driven by better-than-expected third quarter earnings by Tata Consultancy Services amid mixed Asian cues.

The 30-share index, however, immediately slipped to 19,938.01 on profit-booking, still up by 31.60 points, or 0.16 per cent, from yesterday's close.

It touched a high of 20,007.09 by gaining over 100 points in opening trade, led by gains in IT, tech and consumer durables sector stocks.

Similarly, the wide-based National Stock Exchange index Nifty inched up by 3.35 points, or 0.06 per cent, to 6,027.40.

Brokers said sustained buying by funds and retail investors after country's largest software exporter TCS posted 26.7 per cent jump in net profit for the October-December quarter buoyed the trading sentiment here.

Stocks of TCS shot up by 3 per cent to Rs 1,374.35, while Wipro gained 0.67 per cent to Rs 420.70.

« Back to LIVE

TOP STORIES

What Keeps Rishabh Pant Awake At Night

'When I was injured, I had a conversation with myself that when I am back, I should be looking better, moving better and thinking better. Something that keeps me awake at night is that I should not be in the same place.'

DC Vs GT: Who Took Best Catch? Vote!

Who took the best catch at the Arun Jaitley stadium on Wednesday night?

Priyanka to contest Rae Bareli, Rahul Amethi: Sources

Congress leaders Priyanka Gandhi Vadra and Rahul Gandhi are likely to contest the Lok Sabha election from Rae Bareli and Amethi seats, respectively, sources said on Thursday.

Recipe: Richard Holkar's Murgi Survedar

This recipe has a wonderful royal touch.

Indian badminton star reveals 'chronic' health battle

H S Prannoy has revealed that he has been battling a chronic gastrointestinal disorder for the past four months