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Sensex shies away from 16k level; rises by over 140 pts
MUMBAI: Extending gains for the seventh straight session on Friday, the Bombay Stock Exchange barometer Sensex rose by over 140 points as fund houses picked up stocks following strong global cues.The 30-share index, which gained 6.5% in the last six trading sessions, added another 141.27 points to close at 15,922.34 points. The index touched the day's high of 15,957.67 points.The wide-based National Stock Exchange index Nifty rose by 44.15 points to 4,732.35 points.The market was supported by reports of firm Asian cues and better opening of European stock markets on increased optimism about the global economic recovery.Stocks of realty, auto, capital goods, bank, metal and refinery sectors registered notable gains as investors rushed to buy fundamentally strong blue-chips.
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