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BOMBAY SENSEX SOARS BY 3.01 PCT TO NEW PEAKS, BEATS DOW.
MUMBAI, April 3 Asia Pulse - Well supported by sound fundamentals on the back of fast growing Indian economy, the stock market remained upbeat and went on a record-setting spree, soaring by a whopping 3.01 per cent last week while it also beat the Dow Jones in numbers.
Foreign Institutional Investors (FIIs) and Mutual Funds were aggressive buyers in equities. Market players too joined the bandwagon and made fresh commitments even at the higher levels besides covering short positions in the futures.
In the week to April 1, the Bombay Stock Exchange (BSE) Benchmark 30-share Index (sensex) raced forward day by day to score extremely impressive rise of 329.66 points and ended the week at an all-time closing peak of 11,279.96 against last weekend's close of 10,950.30.
The sensex ...
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