Mumbai, January 01: Even though the bloodbath continued in the overseas stock markets, the BSE Sensex and Nifty ended on a new high in 2009, signaling a strong economic revival in the country.
The Sensex closed at 17,464.81, up 120.99 points or 0.7% from the last close.
The Nifty, ended at 5201.05, up about 31.60 points, or 0.6%. The Sensex rose by 81% in 2009, while the Nifty gained 75%. Today, the BSE Sensex hit its highest level in nearly 20 months.
The Foreign Institutional Investors (FIIs) poured in US$17.4 billion into Indian stocks in 2009. Domestic Institutional Investors (DIIs) pumped in Rs 267 billion.
Jaiprakash Associates, SBI, BHEL, M&M, Tata Power, RIL, NTPC, Bharti Airtel, Infosys, TCS, L&T and Grasim were the top gainers on the BSE Sensex.
The sectors such as Power, Capital Goods, Auto, PSU, IT, Consumer Durables and Oil & Gas were on the gaining side, while Real Estate and Pharma witness a sharp decline.
–Agencies