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Tuesday, October 16, 2007

Sensex crossed 19,000 Mark

The stock market continued its bull run with gaining 639.63 points in a single day trading. The BSE Sensex took just four days to reach 19,000 from 18,000. It's yet another milestone for the stock market that is buoyed by strong economic growth in India.

The rise has been attributed to the strong growth in sectors such as power, capital goods, infrastructure and telecom. Companies belonging to those sectors are having a great time so far. Foreign investors are pumping in huge money in the equity market, which is pushing the market to highest level.
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