Tuesday 24 July, 2007

Will Sensex cover 150 pts in 3 days to create HISTORY?

Sensex covered fastest 1000 mark in 16 days to reach 4K from 3K. The rally was majorliy bolstered by Harshad Mehta machinations and liberal export-import policies. Today is 12th day since Sensex hit 15000. So the question remains - will we cover remaining 150 points in next 3 days to create HISTORY?
2007-07-24 16:58

Sensex covered fastest 1000 mark in 16 days to reach 4K from 3K. The rally was majorliy bolstered by Harshad Mehta machinations and liberal export-import policies. Today is 12th day since Sensex hit 15000. So the question remains - will we cover remaining 150 points in next 3 days to create HISTORY?

During the rally of the Sensex from 15000 to 16000, the leaders in the market are:

Capital Goods: BHEL, up 17.5%, L&T, up 14%
Oil & Gas: RIL, up 11%, IPCL, up 10.5%
Metal: Hindalco, up 21%, SAIL, up 16.5%, Tata Steel, up 13.5%
Telecom: Bharti Airtel, up 7.5%, Reliance Communication, up 4.5%
Auto: Bajaj Auto, up 13%, Tata Motors, up 7%
Cement: Grasim, up 9.5%, ACC, up 7.5%

Other leaders are:
Rel Energy, up 19%, Zee Entertainment, up 10%

Laggerds of the market are:
Healthcare: Cipla, down 12.5%, Ranbaxy, down 4%
IT: Wipro, down 2.5%, Infosys, down 1%
Bank: SBI, down 9%, ICICI Bank, down 1.5%