The BSE benchmark breached the 20,000-mark, being stay positive in the trade on Tuesday, hitting the stock market with much optimistic level.
It is for first time since January 2011 that Sensex hit 20,000 mark backed with much positive Infosys and TCS , Tata Consultancy Services results.
It also backed up the government’s decision of deferral the controversial general anti-avoidance rules (GAAR) to 2016.
Records showed a high up of Sensex with 31.60 points, or 0.16 per cent in early trading, from yesterday.
With a gain over 100 points in opening trade, the share of IT, automarket, and tech and consumer durables sector are raised with hopes of a cut in interest rates.
Cigarette major ITC is the king among top five share market gainers including TCS, Bharti Airtel, Maruti Suzuki and GAIL, trading at 1.6 per cent high, reports said.
National Stock Exchange index Nifty also gained up by 3.35 points, or 0.22 per cent at 6037.15.06 per cent, reports said.
Market as well as investors has more hopes from the country’s largest software exporter TCS after the company announced a 26.7 per cent jump in net profit for the October — December quarter, beating analyst expectations.
