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Indian Indices Hit Record High; Its Raining Money

October 9, 2007

Insance Foreign Institutional Investors are pouring money into Dalal Street as if their is no tomorrow. The Indian Indices BSE SENSEX and NSE Nifty have hit a record high. Currently the SENSEX is up whopping 800 points at 18,293.

It took 8 trading sessions for the Sensex to reach 18,000 from 17,000 after it had first hit 17,000 on 26 September 2007. It had taken just 5 trading sessions to reach 17,000 from 16,000

In a separate development, Ansal Properties & Infrastructure has successfully diversified in the new business of power by establishing & commissioning wind mills with a capacity of 12 MW, at Kutch, Gujarat.

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