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Sensex crosses the 30,583 mark


This is the first time ever in the history of the Indian Stock Market that Nifty crossed the 500 mark. All in the day’s trading, where Nifty took a surge by a good 68 points that amounts to some 0.72 percent of a rise, the indices of Bombay Stock Exchange on the other hand rose by 261 points crossing the figure of 30,583.

It already looks like that this monsoon is going to be a good one, at least for the trade market. The trade seemed to be on full-swing since morning today in the share markets. On the other hand, the value of rupee got depreciated by 6 paise against the US dollar today. MNCs like ITC, TCS, ICIC Bank, Reliance Industries, Indian Airtel and HDFC appeared to have a really productive day in the share market today. As a matter of fact, the Indosolar Limited recorded a paced up progress with 14.35 percent in the small-cap segment.