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CNBC TV18 Matrix SENSEX NIFTY

Heady mix: Mkts see new lifetime highs in 3 sessions

Published on Fri, Sep 21 at 16:54 , Updated at Mon, Sep 24 at 10:48
Source : Moneycontrol.com

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The last three days has seen almost all asset classes touching new all-time highs.

 

In the commodity markets, crude touched a new intraday high of USD 83.90 a barrel today on the New York Mercantile Exchange. However, it could not sustain those gains and closed down 0.38 cents to USD 81.40 per barrel.

 

Gold too hit a 28-year high on Thursday. Spot gold prices surged to USD 730.25 an once, its highest since January 1980 when it hit a record high of USD 850.

 

In the forex market, the rupee touched a new nine-year high yesterday. It had appreciated to 39.90 as against Thursday's close of 40.20. The Indian unit has appreciated beyond USD 40 for the first time since May 1998.

 

The indices too joined the party today. Both the Sensex and Nifty hit their respective all-time highs in today’s intraday trades, the Nifty touched a high of 4,855.70 while the Sensex hit 16,616.84.

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Nifty may not see 4000 mark again !!!!

Dear Joe, the kind of synchronization, timing & co-ordination was applied in all these blasts certainly pointing to...

in Market Outlook - Short Term - aavinay at 27-Jul-08 03:03

Nifty may not see 4000 mark again !!!!

Some more data... Chronology - Major bomb blasts in India --------------------------------------- Press Trus...

in Market Outlook - Short Term - BullSheetRules at 27-Jul-08 02:50

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