Bombay Stock benchmark index Sensex surged 1.81 per cent or 360 points to register a new closing high of 20,290 levels on Tuesday. The sensitive index touched an all time high of 20,333 in the intra-day deals.
In the broader markets Nifty also closed above 6,000 levels for the first time in the history. The 50-share index touched a new high of 6,111 before ending the trading day at 6,097.
Nifty made a substantial gain of 2.29 per cent or 136 points on Tuesday. BSE Small Cap index also surged 1.19 per cent to 11,667 levels. Buying was visible in real estate and banking counters.
“After seeing the way midcap and index heavyweights counters has rallied, indices are headed for a breakout, going forward I am looking at 21,300 on the Sensex and 6,350 levels for the Nifty,” Shruti Meghani, Technical Analyst at Karvy Stock Broking said.
