Sensex hits record high, Nifty trades over 11,000 mark
Mumbai: The benchmark BSE Sensex touched an all-time high of 36,699.53 points on Thursday, tracking gains in the Asian markets.
The previous record level of the Sensex was of 36,443.9 points on January 29, 2018.
In line with its bullish trend, the wider Nifty50 on the National Stock Exchange traded over the 11,000 mark during the day.
In the Asian markets, investor sUS may resume talks to ease the ongoing trade tensions.
At 12.29 p.m., Nifty50 traded at 11,067.95 poientiments were boosted after reports on Wednesday said China and the nts -- higher by 119.65 points or 1.09 per cent -- from its previous close of 10,948.30 points.
The barometer 30-scrip Sensex, which had opened at 36,424.23 points, traded at 36,659.62 points (12.29 p.m.) -- up by 393.69 points or 1.09 per cent -- from its previous session's close of 36,265.93 points.
As mentioned, it has so far touched an intra-day high of 36,699.53 points and a low of 36,422.08 points. The BSE market breadth was bullish with 1,427 declines against 965 advances.
In another major development, market capitalisation (m-cap) of Reliance Industries reached Rs 695,102.97 crore or $100 billion during the day, the second Indian company to reach the level after Tata Consultancy Services.
The top gainers so far on the Sensex were Reliance Industries, Yes Bank, State Bank of India (SBI), Larsen and Toubro (L&T) and Hindustan Unilever whereas Infosys, Mahindra and Mahindra (M&M), Adani Ports, Power Grid and Tata Consultancy Services were the losers.
On the NSE, Reliance Industries, Hindustan Petroleum and BPCL were the highest gainers while Bharti Infratel, Infosys and UPL lost the most.
Gold of 99.9 and 99.5 per cent purity fell by Rs 80 each to Rs 30,890 and Rs 30,740 per ten gram, respectively.
PayU said it agreed to acquire Israeli payment technology provider Zooz to support its expansion in high-growth markets.
BTVI’s Executive Editor Siddharth Zarabi, in an exclusive interview with Rajnish Kumar, Chairman at State Bank of India, talks about Indian macros and asks important questions about the Indian economy and public sector banks.
Lodha Developers has reported a 32% rise in its consolidated net profit at Rs 790 crore during the last fiscal on account of higher sales, especially in the affordable housing segment.
The station, which was named after Lord Elphinstone, the Governor of Bombay Presidency from 1853 to 1860, has now been renamed in honour of a local deity.
Lavasa -an ultimate getaway, a city that would offer the charms of European locales, with five star comforts in a scenic part of Maharashtra has now become an abandoned town.
A second chargesheet by the ED has confirmed the trail of illegal cash Mallya transferred to his accounts across global tax havens.
Delayed payment by GMR-led DIAL, the Delhi airport operator, to the CISF guards could eventually lead to passengers paying more to fly out of the Indian Capital.
The West Bengal Police has claimed to have busted a Rs 100 crore plus job racket in the Indian Railways following a crucial arrest in the Indian Capital.