MUMBAI, DEC 8: Infosys Technologies share finally crossed the historic peak of Rs 10,000 in extremely volatile trading on the Bombay Stock Exchange (BSE) on Wednesday. However, the market showed huge volatile movements and Sensex moved up and down amidst a host of rumours.Even as the Sensex showed see-saw movements, Infosys opened higher by Rs 400 and was quoted above Rs 10,000 as soon as trading began. However, it could not sustain the higher level and after touching day's low it closed at Rs 9,823 showing a net gain of Rs 223 from the previous close.``The market showed volatile movements, keeping operators on tenterhooks,'' said a fund manager. The benchmark Sensex shot up to 4943.85 showing a rise of 79 points from Tuesday's level. However, the market encountered profit-taking and Sensex took a plunge of nearly 200 points before recovering 130 points to close at 4799.22, still with a loss of 65.40 points. The combined turnover on the BSE and NSE today surpassed Rs 10,000 crore-mark and touched10,416 crore as both the leading bourses posted a record turnover. The BSE turnover was at a historic-peak of Rs 4544 crore, surpassing the earlier all-time high of Rs 4204.09 crore recorded on December 1, 1999. The NSE also recorded a turnover of Rs 6,212 crore. Brokers said the sentiment was affected by two strong rumours - income tax raids on local brokerage houses and a major technical problem in the system - triggering a selling spree in the afternoon, dealers said.
