BUSINESS
The BSE Sensex, after opening weak, scaled a new peak of 31,155.40 in late morning trade today on sustained buying by domestic institutional investors and retailers.
The BSE Sensex, after opening weak,
scaled a new peak of 31,155.40 in late morning trade today on
sustained buying by domestic institutional investors and
retailers.
The NSE Nifty too soared to an all-time high of 9,622.30
after touching a low of 9,547.70 in early trade.
The BSE 30-share Sensex resumed on a negative note and
cracked below the 31,000-mark to touch a low of 30,869.90
briefly, but bounced back to quote 127.19 points, or 0.40 per
cent higher at fresh lifetime high of 31,155.40, surpassing
its previous high of 31,074.07, recorded on May 26.
The index had gained 726.57 points in the previous two
sessions.
Similarly, the broader 50-issue NSE Nifty also hit yet
another record high of 9,622.30 by gaining 27.20 points, or
0.28 per cent. It breached previous record of 9,604.90,
registered on May 26.
Brokers said apart from sustained buying by domestic
institutions as well as retail investors, a firming trend at
other Asian bourses as investors brushed off Pyongyang's
missile launch, helped key indices to scale lifetime highs.
Domestic institutional investors (DIIs) have been
supporting the ongoing rally by pumping sizeable funds into
markets. DIIs bought shares worth Rs 1,008.56 crore, while
Foreign portfolio investors (FPIs) sold shares worth Rs 274.14
crore on Friday, as per provisional data from the stock
exchanges.
Among the sectoral index, FMCG rose the most by surging
1 per cent, followed by metal index 0.10 per cent.
ITC Ltd was up 2,.07 per cent, Hind Unilever rose 1.53
per cent, HDFC Ltd 1.46 per cent, HDFC Bank 0.66 per cent and
RIL 0.54 per cent.
In the Asian region, Hong Kong's Hang Seng rose 0.09 per
cent while Japan's Nikkei up 0.16 per cent in their early
deals. Shanghai Composite Index too was up 0.07 per cent.
The US Dow Jones Industrial Average ended 0.01 per cent
lower on Friday.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
WPL 2025: Renuka, Wareham spark collapse as RCB bowl out Delhi Capitals for 141
Champions Trophy 2025: Ex-Pak cricketer says Pakistan don't deserve to win, 'Chal jaaye toh...'
Samantha Ruth Prabhu's Dippam Dappam dance leaves Chennai students awestruck, viral video
Breaking MS Dhoni's record is no big deal for Dinesh Karthik: 'It’s not something...'
Amid Mahakumbh rush, video of vehicle running on railway track goes viral; here's why
Who is Rohit Chopra? Indian-origin businessman called arrogant by JPMorgan CEO Jamie Dimon
All eyes on Mohammed bin Salman, as Trump, Putin and Zelensky set to meet in Saudi Arabia for...
WATCH: BJP office bearer dances to ‘Main Hoon Don’ flashing gun, FIR filed
Nepal student death: Massive protests at Odisha's KIIT University, students demand justice
Meet man, son of famous film actor, cracked UPSC exam with full-time job, his AIR was…
Mahakumbh 2025: Fire breaks out again at Prayagraj, no casualties reported
Gautam Adani, India's second richest man, donates Rs 2000 crore for setting up 20...
‘I am not a...’: Jaya Kishori BREAKS silence on her Rs 2.6 lakh Dior bag controversy, WATCH here
Dil Madharasi Teaser: Sivakarthikeyan impresses in rugged avatar, to face off against Vidyut Jammwal
PCB breaks silence on no Indian flags in Pakistani stadiums ahead of Champions Trophy 2025
Delhi residents report hearing mysterious ‘boom’ sound during earthquake; what caused it?
After Narayana Murthy's Infosys, Ratan Tata’s TCS makes BIG announcement, set to issue...
JPMorgan Chase CEO rejects hybrid work requests from employees amid layoffs says, ‘Don’t waste...'
Auspicious Start for 'Jatadhara': Mahurat ceremony held in Hyderabad
Kirill Yurovskiy: How to Build a Sustainable Fashion Brand in the UK
Bad news for Jhunjhunwala as the company loses Rs..., stock goes down by...
Audi launches Audi RS Q8 2025 in India: Know price, specifications and unique features
The Power of Ayurveda: Dr Shyam's Ayurveda Leads the Wellness Revolution in Dubai
15 Crucial Factors to Consider Before Choosing MBBS in Georgia 2025: Education Vibes
Narayana Dominates JEE Main 2025 Session 1 with Exceptional Results
Karan Johar says Yash Johar was 'heartbroken' when Amitabh Bachchan's... flopped: 'He believed...'
Meet Acharya Indravarman: The best astrologer in Bengaluru & Karnataka
How to increase your chances of getting a personal loan
After retaining Asia's richest family tag, now Mukesh Ambani's Reliance beats Apple to become...
Ex-star cricketer, wife buy luxury apartment for Rs 110000000, it is located in...
How a name change caused makers of Bira beer to lose hundreds of crores; know what happened
The Power of Networking: How IFERP memberships open doors to global opportunities for universities
India's Got Latent row: Maharashtra Cyber Cell refuses Samay Raina's special request to...
Mukesh Ambani's wife Nita Ambani makes passionate pitch for Olympics 2036, says 'India will...'
Jyotiraditya Scindia makes BIG announcement on 6G, claims internet speed will be...
Meet man, who was once member of MS Dhoni-led Chennai Super Kings, now works as a bus driver
Did Virat Kohli get special food delivery amid BCCI's 'no personal chef' rule? Report claims...
Gautam Adani's BIG move in space sector, Adani-backed firm among three finalists in India's...
New India Co-op Bank: RBI uncovers massive fraud of Rs 122 crore; know what’s the case
Shakira hospitalised due to abdominal pain, apologises to fans for cancelling Peru concert
South Korean actress Kim Sae-ron of A Brand New Life fame found dead at 24
'Life-threatening cold' ALERT in US as Polar Vortex, snow, floods grip America: What does that mean?
Cristiano Ronaldo vs Lionel Messi, who is better? 66 per cent of former footballers believe...
Champions Trophy 2025: No Indian flag in Lahore Stadium sparks controversy ahead of tournament
After strong tremors in Delhi-NCR, 4.0 magnitude earthquake jolts Bihar's Siwan
Delhi-NCR earthquake: Netizens react with hilarious memes amid 4.0 magnitude tremors, check here
BAFTA: Payal Kapdia's All We Imagine As Light faces another disappointment, films loses to...
Student paraglides to college after getting late for exam, netizens react, watch viral video
Israeli PM Benjamin Netanyahu issues BIG warning to Hamas: 'Gates of hell will...'
Delhi-NCR Earthquake Today: Tremors of magnitude 4 jolt Delhi and adjoining areas
This film has broken world box office records, not Hollywood, Bollywood but...
Meet Satyam Pandey who got high-paying job offer, not from IIM, NIT, IIIT, his annual salary is…
Gurgaon couple reunites with lost dog after three-month search in Agra
Meet man, IIT graduate, who topped UPSC exam in third attempt, he is from...
Noida authority takes BIG action against promoters of 2 housing projects, as realty firm fails to...
WPL 2025: Ashleigh Gardner, Deandra Dottin star as Gujarat Giants beat UP Warriorz by 6 wickets
This city is the coldest, darkest and most polluted in the world, tourists are banned here due to...
New Fastag rules from today: Users may incur additional charges if...; check details
Inside Kareena Kapoor, Saif Ali Khan's son Jeh's mario-themed birthday bash, watch