BSE Sensex reference Tuesday included the 20,000 mark after a gap of five weeks of frantic buying financial stocks and metal on expectations of recovery in the United States improved outlook for commodities.
Bombay Stock Exchange Sensex shot up 171.44 points reference 20,060.32, levels last seen Nov. 15, when companies JSW Steel, Lanco Infratec announced an expansion that could increase profitability.
Similarly, broad-based National Stock Exchange index Nifty crossed the 6000 points to trade at a higher 53.60 points at 6,000.65, after a long pause.
Trading in the atmosphere confirmed as Asian stocks rose on reports of 27-month high of U.S. economic activity boosted confidence in global economic recovery. Moreover, the concern eased that the debt crisis and China's efforts to slow inflation will hurt growth.
Moreover, greater openness in Europe and China, said that "concrete action" to help solve the crisis of the national debt increased investor confidence. The MSCI Asia Pacific Index rose by one percentage point, the biggest increase since December 3, and 134.73.
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