[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Friday, 13 October 2006, 10:12 GMT 11:12 UK
India's Sensex hits record high
Indian stockbrokers
Analysts are optimistic about the prospects for Indian growth
India's main stock index, the Sensex, has closed at a record high on the back of increasing optimism about growth prospects for Indian's economy.

The benchmark Sensex index rose 1.67% to 12,746.75 points on Friday, topping a previous peak set in May.

India's Oil and Natural Gas Corporation, and leading technology firms such as Infosys, led the advance.

The Sensex's recovery marks a change in fortunes for the exchange, which plunged in value earlier this year.

Reports that India's manufacturing sector grew by 11.1% in August helped to cement the positive market sentiment among investors.

"Technology and oil companies have led the Sensex for the past month-and-a-half," said TS Harihar, derivatives head at Karvy Stock Broking.

Indian shares climb above 12,000
14 Sep 06 |  Business
Indian shares rise after bombings
12 Jul 06 |  Business
Indian share prices hit new low
13 Jun 06 |  South Asia
Indian shares stage record rise
15 Jun 06 |  Business
Indian stocks in further plunge
08 Jun 06 |  South Asia
Indian stocks rebound after pause
22 May 06 |  Business

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Americas Africa Europe Middle East South Asia Asia Pacific