India: Sensex touches 20,000 | beyondbrics

India’s benchmark Sensex Index passed the psychological 20,000 mark for the first time in two years during the day’s trading on Tuesday. The index closed up 0.4 per cent at 19,986.82.

There has been much anticipation around the 20,000 landmark, as the index has rallied 23.7 per cent in the past twelve months.

It was telecoms stocks that led the markets higher on Tuesday, with Bharti Airtel up 5 per cent to Rs345.20 and Idea Cellular stock rallying 8.4 per cent to Rs122.55.
India: Sensex touches 20,000 | beyondbrics