Sensex above 22000 for first time

Sensex on Monday briefly breached the 22,000 mark for the first time and then managed to end at a new record close with modest gains of 15 points, extending the rally to the fifth session, on the back of continued overseas investor interest linked to upcoming polls. Capital goods, realty, banking and refinery segments gained while IT, pharma, teck and metal counters fell. The BSE 30-share barometer resumed nearly 100 points lower on the back of weak Asian cues but later moved between positive and negative territory. It ended at a new closing high of 21,934.83, a rise of 15.04 points or 0.07 per cent This surpassed the previous closing high of 21,919.79 set on last Friday. The Sensex registered alltime high of 22,023.98 today. In five days, the Sensex has gained 988 points. Key benchmark indices in China, Hong Kong, Japan, Singapore, South Korea and Taiwan closed lower between 0.46 per cent and 2.86 per cent. However, European markets reversed their initial losses and were trading better in late morning deals.

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