Bombay Stocks Rise Again

The Sensex is up 95% over the last year.
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Bombay stocks rallied Monday, adding 0.8% and touching a new high.

The BSE Sensex rose 103 to close at 12,463 after earlier trading as high as 12,511, a new intraday peak. The index has risen 95% in the last year.

Stocks in the cement, petrochemical, software, steel and telecom sectors rose, while energy, engineering, consumer and pharma stocks slipped.

Top gainers on the index were

Reliance

, up 5.1%,

Housing Development Finance

, up 4.3%, and

Associated Cement

, up 2.3%.

Major laggards on the index were

NTPC

, which lost 1.4%, and

HDFC Bank

and

Hindustan Lever

, each down 1%.

ICICI Bank

(IBN) - Get Report

shed 0.7%.

NIIT

rose 1.8% after taking a controlling stake in Room Solutions of London.

Arvind Mills

advanced 2.4% after setting a plan to expand its retail network by 100 outlets.

Glenmark Pharmaceuticals

surged 9.3% on a supply and marketing agreement with Aspen USA.

This story was created through a joint venture between TheStreet.com and IRIS.