Insta
Sensex Hits New Peak At 33,693, Nifty At 10,462
An investor monitoring the Indian stock market (INDRANIL MUKHERJEE/AFP/Getty Images)
Stocks were firmly in the saddle today as both indices Sensex and Nifty jumped to new peaks after the announcement of a new US Federal Reserve chief.
Investors also took keen interest in the unveiling of tax reforms by House Republicans in Washington.
The 30-share index rose by 119.36 points, or 0.35 per cent, to hit a new peak of 33,692.58, surpassing its previous intra-day lifetime high of 33,657.57 hit yesterday.
The gauge had retreated from record highs and lost 27.05 points in the previous session.
The 50-share NSE Nifty added 37.90 points, or 0.36 per cent, at its life high of 10,461.70. The gauge had touched an intra-day high of 10,453 yesterday.
Foreign funds inflows continued amid encouraging corporate earnings and mixed global cues.
All sectoral indices, led by realty and consumer durables, were in the green, with gains of up to 0.83 per cent.
Major gainers included Bharti Airtel, Axis Bank, L&T, Dr Reddy's and SBI, rising by up to 2.44 per cent.
Hong Kong's Hang Seng was up 0.35 per cent while Shanghai Composite shed 0.41 per cent. Japanese financial markets are closed today for a public holiday.
The US Dow Jones Industrial Average closed 0.35 per cent higher yesterday. (PTI)
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
