Bulls take Nifty to 5000

The bull show no respite. After the Sensex, the Nifty made history crossing the psychological 5000 mark early on Thursday. Heavyweights Reliance Industries, ONGC and ICICI Bank took the index to an all-time high of 5015.55.

At 10:05 am, the National Stock Exchange’s Nifty was up 42 points or 0.85 per cent at 4982.65.

Biggest Nifty gainers were VSNL (up 3.09%), Reliance Energy (2.49%), GAIL (2.12%), Tata Steel (1.62%), ONGC (1.55%) and Maruti Udyog (1.51%).

BPCL (down 2.08%), Hindustan Petroleum (1.33%), Grasim Industries (0.81%), Hero Honda (0.79%), Bajaj Auto (0.41%) and HCL Technologies (0.32%).

The Bombay Stock Exchange’s Sensex was up 147 points or 0.87 per cent at 17,068.37.

The market breadth showed 1260 advances and 435 declines on BSE, while on NSE, 737 shares advanced and 228 declined.