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Thursday, October 31, 2013

Sensex Rises to All-time High of 21,206, Beating 2008 Record Friday Nov 01,2013

The Sensex today Friday Nov 01,2013 surged to an all-time high today just after the opening bell, smashing its earlier record of 21,206 which was set in January 2008.

After breaking its 2008 record, the Sensex kept going up, setting a new all-time high record of 21,293.88, up nearly 130 points.At 10 am, the Sensex was up 52 points at 21,217.08

Sustained inflows from foreign investors have been the biggest driver for the Sensex, which gained over 9 percent in the past month.

Overseas investors have pumped in close to Rs. 18,000 crore in the past 20 sessions

The gains represent a remarkable comeback for the Sensex, which has advanced nearly 22 % since hitting an intraday yearly low of 17,448.71 points on August 28, 2013 when the rupee had hit a record low of 68.80 to a dollar.

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