Brahmos_2
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The Sensex has never been higher. The stock index today surged to an all-time high today just after the opening bell, smashing its earlier record set in January 2008.
The Sensex set a new all-time high record of 21,247.99 today while Nifty had hit 6,318 at its day's high, nearly 40 points away from its record high of 6,357.10.
Sustained inflows from foreign investors have been the biggest driver for the Sensex, which gained over 9 percent in past month. Overseas investors have pumped in close to Rs. 18,000 crore in the last 20 sessions.
The gains represent a remarkable comeback for the Sensex, which has advanced nearly 22 per cent since hitting an intraday yearly low of 17,448.71 points on August 28, when the rupee had hit a record low of 68.80 to a dollar.
The delay in the US Federal Reserve's tapering of its monetary stimulus, a sharp recovery in the rupee and signs showing the economy may have bottomed have contributed to the recent rally, analysts said.
http://profit.ndtv.com/news/market/...g-2008-record-371093?pfrom=home-lateststories
The Sensex set a new all-time high record of 21,247.99 today while Nifty had hit 6,318 at its day's high, nearly 40 points away from its record high of 6,357.10.
Sustained inflows from foreign investors have been the biggest driver for the Sensex, which gained over 9 percent in past month. Overseas investors have pumped in close to Rs. 18,000 crore in the last 20 sessions.
The gains represent a remarkable comeback for the Sensex, which has advanced nearly 22 per cent since hitting an intraday yearly low of 17,448.71 points on August 28, when the rupee had hit a record low of 68.80 to a dollar.
The delay in the US Federal Reserve's tapering of its monetary stimulus, a sharp recovery in the rupee and signs showing the economy may have bottomed have contributed to the recent rally, analysts said.
http://profit.ndtv.com/news/market/...g-2008-record-371093?pfrom=home-lateststories