Wednesday, January 09, 2008

Indian Stock Market Continues to Set Record Highs

MUMBAI--India's Bombay Stock Exchange benchmark index, the Sensex, crossed the 21,000 peak in early morning trading, adding the last 1,000 points in 49 trading sessions (see chart above, click to enlarge).

The BSE benchmark completed its 1,000-point journey in 49 business days after touching the 20K milestone on October 29, last year. In trading today, the BSE reached another new all-time high, trading above 21,100 before closing slightly lower.

Note: India's stock market has increased by 50% over the last year.


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