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.