The target: Within striking distance. The excitement was palpable as the benchmark index inched higher.
After a nervous start, the Sensex surged past the 15,000 mark to make a new all-time high of 15,007 levels in noon deals.
It has taken 144 sessions for the Sensex to accomplish this feat from 14,000 levels. It ended the day at 14,964 levels, up 0.7 per cent or 102 points.
In the broader markets, the Nifty gained 0.7 per cent or 30 points to settle at 4,384 levels.
“I don’t see a problem in the Indian markets in the long term. There should be no problem in liquidity, because in a liquidity driven market some correction is expected,” said Abhay Aima, an Investment Consultant.
“The markets will move up gradually but there will be corrections along the way,” said Deven Choksey, MD, KR Choksey Securities.
| Sensex @ 15k | ||||
| Sessions | ||||
| 11,000-12,000 | 15 | |||
| 12,000-13,000 | 136 | |||
| 13,000-14,000 | 34 | |||
| 14,000-15,000 | 144 | |||
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