Bulls continued to rage toward the 16,000-mark on Dalal Street on Tuesday with the benchmark BSE Sensex adding 63 points, taking the gains to more than 500 points in just five days, on a rally in capital goods stocks.
The Bombay Stock Exchange’s 30-share barometer index crossed the 15,800-points level for the first time ever before settling at 15,794.92 points, a rise of 62.72 points or 0.40 per cent. The index scaled a peak of 15,868.85 in intra-day trade — less than 132 points away from the next milestone. The index opened strong at 15,802.19 from Monday’s close of 15,732.20 and moved erratically in a range of 15,868.85 and 15,742.32. The Sensex has garnered 505.10 points or 3.30 per cent in five straight sessions. The Sensex had crossed 15,000 level on July 6 and only 12 trading sessions have passed since then.
The S&P CNX Nifty of National Stock Exchange (NSE) also recorded intra-day high of 4,647.95. The 50-share Nifty inched up by 1.40 points or 0.03 per cent to 4,620.75 from previous close of 4,619.35. Capital goods segment remained in the limelight on heavy order book positions and expectations of more orders in the coming months.