Categories: Top Stories

Sensex, nifty fresh hit closing highs

New Delhi: The equity index jumped to record the highest on Wednesday with BSE Sensex benchmarks up nearly 200 points, led by an increase in metal and realty shares.
The 30-Share BSE index jumped 194 points or 0.37 percent to close at a fresh peak of 53,055; While the wider NSE settled 61 points or 0.39 percent higher at a record of 15,880.
The top players in the sensex package including Tata Steel, Bajaj Finserv, HDFC, Bank Indusind, Nestle India and Sun Pharma with their shares rose by 4.91 percent.
While Titan, Maruti, Reliance, Tech Mahindra and Ultra Cemo are the main pie down up to 2.12 percent.
On the NSE platform, the nifty metal sub-index, realty and financial services rose by 2.2 percent.
“The market seems to be hesitant and look for a stronger fundamental direction …
if a large company like Tata Motors comes out with a profit warning, it creates a major panic between investors”, Anita Gandhi, director at Arih Capital Markets told the news agency Reuters.
Meanwhile, foreign institutional investors (FIIS) remain clean sellers in the capital market because they lowered shares worth RS 543.30 Crore on Tuesday, according to temporary exchange data.
(With input from agency)

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