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Going for 7000

As the stock market barometer inches towards 7,000 - a level not seen before in India's share trading history - analyst and market traders believe the country is set to emerge as one of the best performing markets globally. The dream run on Indian bourses continued on Tuesday with the key share market index scaling a new peak for the fourth consecutive session on massive institutional buying interest. Mirroring the bullish sentiment, the stock market barometer 30-share Bombay Stock Exchange Sensitive Index or Sensex closed at 6,915.09, representing a gain of 36.11 points or 0.52 percent over its previous session. The stock market index bettered its previous record of 6,878.98 reached Monday on large-scale institutional buying interest.

Dealers said the stock market opened for the day on a positive note and breached the crucial 6,900-level as investors rushed towards the trading ring to pick up new and old economy stocks.
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