 Biggest contributors in 17K journeyPublished on Wed, Sep 26, 2007 at 10:35 | Source : Moneycontrol.com Updated at Wed, Sep 26, 2007 at 12:04 Like this story, share it with millions of investors on M3
Bulls ride high taking charge over bears and helped the market to cross another milestone of 17000 in just 6 days, which is the fastest in Indian Markets, on the back of strong FII inflow. FIIs pump in Rs 14,639 crore (USD 3.7 billion) in last 5 days (Cash+F&O) after Fed cut interest rates by 50 bps to 4.75%. The star contributors of this rally were two Reliance groups, which led this rally from 16k to 17k and from 15k to 16k as well. Reliance Industries and Reliance Energy are the biggest gainers, they gained nearly 17% and 19% respectively. Reliance Communications rose 12%. Bharti Airtel was the third highest in the contribution list, surged 16.64%.
26-09-2007 price at 10:01 am
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