The stock market benchmark BSE Sensex today zoomed to a new intra-day peak of 17,953 points, just sniffing distance from the 18,000-point level, on aggressive buying by funds in blue-chip stocks.
The Sensex extended its gaining streak for the 11th trading session in a row and ended with a gain of 518.42 points at 17,847.04 points. If the market barometer touches 18,000-point mark tomorrow, it will be its shortest 1,000-point journey -- of just five sessions.
It turned volatile after Finance Minister P Chidambaram cautioned retail investors, while welcoming the interest shown by foreign investors.
Similarly, the wide-based National Stock Exchange index Nifty crossed 5,200-point level to settle at a new peak of 5,210.80, by adding 141.85 points. It touched the day's high of 5,261.35 points, a level never seen before.
Buying activity was confined to power, realty and refinery segment stocks.
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