Extending the gains for the fourth day in a row on Tuesday, the Bombay Stock Exchange benchmark Sensex closed higher by over 250 points to regain the key 14,000 level after nearly a month.
Marketmen said the trading sentiment turned stronger at mid-way after Finance Minister P Chidambaram’s comments in Parliament that the economy grew at an estimated 9.1 per cent in 2007-08.
The 30-share BSE barometer, which had gained 1275 points in the past three sessions, today added another 254.16 points at 14,104.20.
The Sensex touched the day’s high of 14,206.13 and dipped to a low of 13,798.18 points.
The wide-based National Stock Exchange index Nifty jumped by 80.60 points at 4,240.10, after rising to a high of 4,262.45 and a low of 4,137.95 points during the day.
Chidambaram participating in the debate on confidence vote in Parliament highlighted the record production figures of wheat, rice, pulses, oil seeds and coarse cereals and termed the 2007-08 as a watershed year for agriculture.
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