The Sensex today breached the 19,000-mark for the first time in nearly two-months in early trade. The 30-share barometer opened on a positive note and further picked up the momentum to trade 192 points higher at 19,034, a level last seen on October 5 intra-day this year. Stocks of consumer durables, FMCG, realty and auto sectors were in keen demand.The BSE benchmark Sensex has rallied over 336 points in the previous two sessions, after credit rating agency Moody's said that India's outlook is stable.Brokers said investors were optimistic that the government will be able to push through economic reforms including Foreign Direct Investment (FDI) in retail. The 50-share NSE Nifty followed suit and shot up by a whopping over 50points, to trade at 5,777.
News On AIR | November 29, 2012 11:00 AM
Sensex breaches 19,000-mark for first time in nearly two-months