BSE Sensex soared over 400 points to hit its record high after Reliance Industries (RIL) reclaimed USD 100 billion (approx Rs 6,86,604 crore) market capitalisation as its shares a hit 52-week high today.
BSE Sensex opened 59.64 points higher, but soon turned choppy in early trade, as investors cashed profits in metal, healthcare, PSU and auto stocks, amid weak Asian cues as US-China trade spat escalated.
Sensex recovered from its weak start to trade 86.22 points higher in late morning trade today on buying in FMCG, telecom, IT, consumer durables and metal sectors.
Sensex pared its early gains to trade flat in late morning deals amid small bouts of buying in auto, metal, telecom and industrials sectors amid lower Asian cues.
Sensex pared its initial gains but was still trading higher by 123 points in late morning deals amid buying in energy, telecom, IT, finance and consumer durables sectors.
Sensex pared its initial gains to trade range-bound in late morning deals today, up 9.24 points amid buying in frontline shares back of higher Asian cues.
Sensex rose 131 points in late morning on bouts of buying in key frontline stocks of realty, consumer durables, metals, banks, auto and FMCG sectors amid mixed Asian cues
Sensex was trading above the key 34,000 at 34,047.07 in late morning deals, as investors await industrial production and retail inflation data scheduled to be released.
Sensex was down 37.61 points in late morning deals on profit-booking in oil & gas, bank, financial, energy, FMCG and utilities sectors despite higher Asian cues.
Sensex pared initial gains, shedding 68.70 points in late morning trade on mild bouts of selling in IT, power, utilities, banks, healthcare sectors amid mixed Asian cues.