Sensex closed at an all time high at 14,014.92 after a choppy session on Wednesday, as buying interest resumed for index pivotals at lower level. The market witnessed a sharp rally in the first two trading session of calendar year 2007. At closing, Sensex was up 72.68 points or 0.52% at 14,014.92.
The BSE Sensex struck an all time high of 14035.67 in mid afternoon trade surpassing its previous all time high of 14,035.30, which it had struck on 6 December 2006. The Nifty closed at 4,024.05, up 16.65 points. The market staged a smart recovery in the second half of the day's trading session, after slipping to an intra-day low of 13,897.42 in mid-morning trade.
The market-breadth was strong, as buying continued for small-cap and mid-cap stocks. For 1,695 shares advancing on BSE, 933 declined. Just 64 shares were unchanged. The BSE clocked a turnover of Rs 4,286 crore as compared to Rs 3381 crore on Tuesday (2 January). Among the 30-Sensex pack, 21 advanced while the rest declined. In NSE, there were 619 advances and 379 declines.
