Sensex hits new record high of 21,293.88, up 129.36 pts


Mumbai, Nov 1 (PTI): The BSE benchmark Sensex today hit a life-time high of 21,293.88 by gaining over 129 points in opening trade on sustained foreign fund inflows in banking, auto, metal and realty sectors.

Rising for the fourth straight session, the Sensex rose 129.36 points, or 0.61 per cent, to trade at record high of 21,293.88 points, surpassing previous intra-day record high of 21,206.77 reached on January 10, 2008. It had rallied 594.24 points in the past three sessions.

Stock brokers said sentiments remained bullish on continued foreign funds inflow and the RBI easing liquidity situation by cutting marginal standing facility (MSF) to 8.75 per cent in its monetary policy on Tuesday.

The wide-based National Stock Exchange index Nifty rose by 33.45 points, or 0.53 per cent, to 6,332.60.

A mixed trend in the Asian region also influenced the trading sentiment here, they said.

The BSE realty sector index was trading 1.50 per cent higher to 1,363.65 as stocks of DLF moved up (1.58 per cent), followed by HDIL (3.05 per cent), Unitech (0.57 per cent).

  

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Comment on this article

  • Vincent Rodrigues, Katapadi/Bangalore

    Fri, Nov 01 2013

    This kind of spurt in Sensex is there in every year during deepavali.Nothing new and exciting.Thanq.

    DisAgree Agree [1] Reply Report Abuse

  • Matthew, Nitte

    Fri, Nov 01 2013

    Nobody seems to be talking about nominal value vs real value. The last time Sensex hit 21000, rupee was trading at ~43/dollar. Today it trades around ~62/dollar. So in real terms ( not nominal terms ), the Sensex is around 14000 points when adjusted for devaluation.

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  • Vijay, Mangalore

    Fri, Nov 01 2013

    not many have benefited from this rise to 21,000 . many retailers have not participated in this rally. many many investors who were there when sensex touched 21K in 2008 have quit stocks when sensex touched 21k today. sensex will crash when many investors will come back to stock market those who feel have lost the bus that can happen if this rally goes past 24,000.those expecting a crash now it wont come.

    DisAgree [2] Agree [2] Reply Report Abuse

  • R.Bhandarkar, M'lore

    Fri, Nov 01 2013

    H000! Sensex like said earlier leaves
    you first with no sense and then no
    sex...
    In any case what goes up has to come
    down...agree?

    DisAgree [2] Agree [2] Reply Report Abuse

  • Amin Bhoja, Patte / Riyadh

    Fri, Nov 01 2013

    Beware !!!Sensex always plays with people's sentiments.Don't jump blindly to the open well but jump with your own preparation!!! the results sometime you will be hurt partially or sometime totally!!!.

    DisAgree [2] Agree [10] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Nov 01 2013

    We all know that FII's will run away if FEKU accidentally wins....

    DisAgree [10] Agree [19] Reply Report Abuse

  • Indian, Mangalore/KSA

    Fri, Nov 01 2013

    Actually it is the other way around Jossey....

    DisAgree [11] Agree [6] Reply Report Abuse

  • RonRon, Udupi

    Fri, Nov 01 2013


    Big Trap.............. beware.... very soon

    DisAgree [4] Agree [9] Reply Report Abuse

  • Dinesh Poojary, Kundapura/Bengaluru

    Fri, Nov 01 2013

    Deepawali Damaka...

    It is seen every year during Deepawali habba. I am wondering some people are giving political color to this.

    DisAgree [13] Agree [5] Reply Report Abuse

  • Jaison Dsilva , Dubai

    Fri, Nov 01 2013

    Poli-tics ... Every where poli-tics... Some commenters does not have knowledge on stock market also commenting BJP and Congress!!!! Faku Vs Italian .... Very funny!!! First breashup then comment ....

    DisAgree [4] Agree [6] Reply Report Abuse

  • Joseph F. Gonslaves, Bannur, Puttur / Mangalore

    Fri, Nov 01 2013

    Business Gambling in the Sensex and Nifty Markets.

    HYPE OF BUBBLE.
    MAY BURST ANY TIME.

    Now some one bjp supporter will comment this is chaaiwaala's chamathkar.

    Chaaiwaala has lot of deficit budge in Gujarat and India is ruled by the Great Congress for 60 years and Indian citizens have given permanent seat to the BJP to sit in opposition not for 60 years but for 600 years.

    DisAgree [7] Agree [16] Reply Report Abuse

  • vinay, mangalore

    Fri, Nov 01 2013

    No way, its waitress' chamatkar...

    DisAgree Agree [1] Reply Report Abuse

  • Jayarama, Udupi/Riyadh

    Fri, Nov 01 2013

    Except ITC HUL TCS. Anything apart moving up?

    "All time high in Sensex" is actually going otherwise. People are getting this bad sentiment, because its doing mockery of their portfolio.

    Forget scrips, even sectors like Banking, Telecom, Real estate, Infrastructure, Media, Oil, Textile are down from anywhere between 50% to 90% from previous highs...

    The only thing that rallied is DOLLAR. (means Indian currency crashed. Saying this because Madhya Pradesh congress said Dollar rallied, so how is rupee affected?) This dollar rally has sparked a rally in profits of IT companies, which has reflected in their share prices. Hence on one hand, Indian stocks kept plummeting, on the other hand, the IT stocks kept rallying. Weightage of IT companies was increased, and hence Sensex also rallied.

    Compute the sensex according to the composition of 2008, and we are at 8000 Level and NOT 21000 Level.

    DisAgree [14] Agree [4] Reply Report Abuse

  • Joseph F. Gonslaves, Bannur, Puttur / Mangalore

    Fri, Nov 01 2013

    What Madhya Pradesh Congress said about rupee value against dollar was correct because since 2008 to 2010 the economy of U.S.A was in shambles/crushed and comparing to week dollar Indian rupee rallied. In India people have lot of wealth and black money hoarded in their houses and in bank lockers. Presently the rupee must be 65-67 per 1 dollar where as it is not so presently but around rupees 63 per dollar. However the rupee value may come down once the dollar value goes up.

    Value of currency is not depending on share markets ups and downs (it counts only a very little) but it counts on overall economy conditions current account, deficit of budget and trading excess or deficit etc., etc…

    DisAgree [5] Agree [7] Reply Report Abuse

  • Bollu, Mangalore

    Fri, Nov 01 2013

    Gujjus are holding stock market..
    Will do so whenever need..
    Due to Dan-Teras...it will be going to high..
    When Modiji will become Prime Minister again it flung to higher slot..
    After all 'Bull' which ed in stock exchange will decide..Jai Ho..

    Ehni ucchi guddiyan chada ke vairne ni kithe dorran tutiyaan...
    Tenu vi sataungiyan dub jaaniye ni oho maujan lutiyan....

    DisAgree [18] Agree [6] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Nov 01 2013

    Bandar ka jane adrak ka swad...

    DisAgree [2] Agree [5] Reply Report Abuse


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