Key indices on Monday hit fresh record high in early trade on foreign fund inflows and persistent buying in bluechips like RIL that posted better-than-expected quarterly earnings.
Key indices on Monday hit fresh record high in early trade on foreign fund inflows and persistent buying in bluechips like RIL that posted better-than-expected quarterly earnings.
The 30-share index rose by 152.43 points, or 0.42 per cent, to hit a new high of 35,664.01, surpassing its previous intra-day record of 35,542.17 hit on Friday (January 19).
The 50-share NSE Nifty added 31.75 points, or 0.29 per cent, at 10,926.45 -- a fresh intra-day high. The gauge had hit 10,906.85 during the day on Friday.
At 10:39 AM, Sensex was up by 70.77 points to trade at 35,587.83 while Nifty were trading at 10,895.65.
ONGC rose the most by 4.86 per cent among Sensex scrips after it got go ahead to acquire the government's entire 51.11 per cent stake in HPCL for Rs 36,915 crore.
Other prominent gainers include HDFC Bank, HDFC, Yes Bank, Adani Ports, Coal India, Hero MotoCorp, Tata Motors, Bajaj Auto, Kotak Bank and Power Grid. Foreign funds bought shares worth Rs 988.25 crore, while domestic institutional investors made purchases worth Rs 209.86 crore on Friday, as per provisional data.
In the Asian region, Shanghai Composite Index rose 0.22 per cent, Hong Kong's Hang Seng rose 0.02 per cent, while Japan's Nikkei down 0.20 per cent in their early deals. The US Dow Jones Industrial Average ended 0.21 per cent higher on Friday.
Today the focus would be on stocks of Reliance Industries, Wipro and Airtel, all three firms had posted their Q3 earnings last week.
Reliance Industries reported its highest quarterly net profit of Rs 9,423 crore on record earnings from petrochemical business and telecom unit Jio logging its first-ever profit.
Wipro posted 8.4% fall in consolidated net profit to Rs 1,931.3 crore for the December quarter but said it has been witnessing an improving trajectory of growth.
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 "Sensex hits fresh record high: Shares of Airtel, Reliance industries, Wipro in spotlight today")
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