Nifty at new peak in morning trade

MUMBAI: The BSE benchmark Sensex, which opened past 20K in early trade, was up 233 points at 10.30am, while the NSE index, Nifty, breached 6K level on the back of strong global cues.

Nifty crossed the 6,000 level for the first time after more than a month and hit an all-time trading high of 6,027.05. It had last surpassed this level on November 1.
   
The BSE barometer was quoted at 19,970.63 at 10.30 am, a rise of 232.56 points over yesterday's close of 19,738.07.
   
Earlier, the Sensex crossed the psychologically 20,000 mark in 11 trading sessions but had failed to hold on to its post.
   
Commenting on the surge, market players said the bourses will witness a strong rally if the Sensex on Thursday closed above the 19,750 breakout level.
   
Besides a sharp rally in global markets, Foreign Institutional Investors (FIIs) reported net purchases of Rs 480.18 crore as per the provisional data.