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Stock market remained bullish:BSE Sensex crosses 26,000-level; Nifty gains new high of 7,787.95

Article by Hiral Vilas

With a sign of economical rebates in forthcoming budget stock market boomed on Monday, today in opening trade Mumbai stock exchanged jumped to 26,000 level. NSE Nifty also attainted new high of 7,787.95. BSE gained 137.29 points with stocks gaining in IT,infrastructure,power,capital goods,auto and realty sectors. Nifty collected some 36.35 points with 0.46 percent trade.

Stock experts says market remained extremely bullish on continued buying by foreign funds and retail investors on expectations of a growth-oriented Budget that lifted the key indices to new highs.Top 30-Sensex gainers were L&T, NTPC, Infosys, TCS, Wipro, Tata Power, Hindalco, Tata Steel, Sesa Sterlite, Tata Motors, Bajaj Auto, Hero MotoCorp, SBI, ICICI Bank, Dr Reddy’s and Cipla were the major gainers during the initial trade.