Dynamite News
Sensex scales record high, Nifty holds above 11,100
Benchmark BSE Sensex jumped over 150 points to record a new high of 36,869.34 in early trade on Tuesday.
Mumbai: Extending yesterday's rally, the benchmark BSE Sensex jumped over 150 points to record a new high of 36,869.34 in early trade today on strong Asian cues amid buying by domestic institutional investors (DIIs).
The market rally was driven by strong activity on the metal, oil and gas, PSU, infrastructure, banking, FMCG and capital goods counters, rising up to 0.88 per cent. The 30-share BSE index spurted by 150.74 points, or 0.41 per cent, to hit a new high of 36,869.34, surpassing its previous record of 36,749.69 clocked yesterday. The gauge has gained 367.37 points in the past two sessions.
The 50-share NSE Nifty also rose 41.15 points, or 0.37 per cent, to 11,125.90.
Also Read: Rupee slips 15 paise to 69.01 against US dollar
Major gainers include Maruti Suzuki, Tata Motors, HUL, M&M, Tata Steel, Adani Ports, L&T, ICICI Bank, Coal India, IndusInd Bank, HDFC Bank, Infosys, Power Grid, Kotak Bank, SBI, Asian Paints, HDFC, Axis Bank, Sun Pharma and ITC, rising up to 1.42 per cent.
The US Dow Jones Industrial Average ended 0.06 per cent lower yesterday and Nasdaq closed up 0.28 per cent. (PTI)