Categories: Business

Sensex, nifty lid at the highest new lifetime

Mumbai: Equity Benchmark Sensex jumped more than 160 points to close at the peak of fresh life on Monday, driven by an increase in the Reliane Industries and Infosys index in the midst of strong foreign capital flows and foreign capital inflows.
30-share index settled 166.96 points or 0.29 percent higher at 58.296.91.
It touched an intra-day record of 58,515.85.
Similarly, the wider NIFTY NSE rose 54.20 points or 0.31 percent with a new close note of 17,377.80.
During the session, it touched the peak of all time 17,429.55.
HCL Tech is the top enhancer in the sensex package, up more than 2 percent, followed by Infosys, Reliance Industries, Tech Mahindra, Bajaj Auto and M & M.
On the other hand, Bank Indusin, Bank Bank Box, Grid Power, Sun Pharma and Cat Asia is between sluggish.
In Asia, the Shanghai burun in Seoul, Tokyo and Hong Kong ended with a significant increase.
Equity in Europe is traded on a positive tone on the offerings in intermediate sessions.
“The Indian market began on a positive record after the Asian market guidance was positive because the fear of the US tightening was cooled after the disappointing work data and the comments of the Fed chairman emphasized the need for stronger job data before the central bank would begin to release a large bond purchase program.” During the afternoon session.
“During the afternoon session , the market continues to trade in the positive zone when traders continue to get encouragement with regular foreign capital inflows behind strong global cues and domestic economic activities, “said Narendra Solanki, Equity Research (Fundamental), Anand Rathi Share & Stock Broker.
Meanwhile , Benchmark International Oil Brent Crude rose 0.80 percent to $ 72.03 per barrel.
Foreign institutional investors are clean buyers in the capital market on Friday, when they buy shares, according to exchange data.

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