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Sensex hits 20k mark makes history

Tracking global trend, the benchmark Sensex sky-rocketed by 772.5 points to touch the 20,000 mark, in intra-day trading on the Bombay Stock Exchange on Monday on aggressive buying by funds ahead of the US Federal Reserve meeting.

The 30-share index, Sensex, shot up by 772.5 points to touch 20,015.67, thus crossing the 20,000 mark for the first time in the history of the stock exchange.

Similarly, earlier in the day, the wide-based National Stock Exchange’s index Nifty spurted by 168.40 points at 5,870.70.

In Hong Kong the market index Hang Seng opened higher by 1.9 per cent on expectations that the US Federal Reserve will cut interest rates this week.

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