NSE crosses magical milestone of 6000 points

The National Stock exchange reached yet another milestone by closing above the 6000 mark for first time in it's history. The National Stock Exchange (NSE) crossed the 6000 points hurdle on tuesday (11-12-2007) which is proud moment for whole of india as The National Stock Exchange is India's pride and crossing the magical milestone of 6000 points itself depicts the success story of Indian Corporate houses and the growing interest of global investors in the economy of India. on 13-12-2007 the ADAG group led by Anil Ambani surpassed the market capitalisation of the TATA's by a huge margin, the market captilisation of tata's stood at 2.21 lakh crores where as the market capitilisation of the Anil Dhirubhai Ambani Group reached the value of 2.99 lakh crore which is much ahead of the Tata group which has been displaced now to 3rd position in Market capitilisation value.

However the Mukesh Ambani led Reliance Industries still has the pole position with market capitilisation of about rupees 5.15 lakh crores and it can be recalled that Mukesh Ambani's share prices have rose maximum making him the richest person of world in case of net worth.

The three corporate houses headed by Reliance Industries, Anil Dhirubhai Ambani Group and the Tata's have made indian economy proud by making foreign acquisitions for expanding their business globally and if the present trend continues then the NSE index will cross even the 7000 mark in near future may be in a couple of months or even earlier who knows!!