labels: investment - general, bse
Sensex closes over 6,000-marknews
Our Market Bureau
18 November 2004


Mumbai: The sensex closed on Wednesday at 6,016.58. This is the first time since February 2004 that the index has closed above the 6,000-level.

The cause for the rise is attributed to sustained buying by both domestic and foreign institutions. The fall in oil prices also added to the positive market sentiment.

Sensex opened strong and remained robustly in the 6,000-plus range all day. It touched a high of 6,036.70. Overall the index gained 19.88 points today to close at 6,016.58, an appreciation of 0.33 per cent.

At NSE, the Nifty gained 12.45 points to close at 1,597.25, up 0.79 per cent from Tuesday's close.

Though the sensex has closed over 6,000, market participants expect the bull run to continue, according to analysts.

 

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Sensex closes over 6,000-mark