Date:22/03/2006 URL: http://www.thehindu.com/2006/03/22/stories/2006032210171800.htm

Business

Sensex touches 11000-mark

MUMBAI: The Bombay Stock Exchange benchmark Sensex on Tuesday reached the 11,000 milestone and also touched an all-time high of 11,017.25 on sustained buying by funds, but lost some ground to close at 10,905.20.

The BSE-30 share sensitive index opened slightly better at 10,945.62 against Monday's close of 10,941.11 and later shot up to the new intra-trade high of 11,017.25. Thereafter, the market turned volatile on alternate bouts of buying and selling during the last hour with profit taking pushing the index to a low of 10,863.61. Later, it closed at 10,905.20. IT shares, which were the favourite with investors on Monday, ran out of steam and some of them finished with losses.

PTI