Twitter
Advertisement

St on fresh high on earnings optimism

Nifty surpassed its previous record closing of 11130.40 hit on January 29

Latest News
St on fresh high on earnings optimism
FacebookTwitterWhatsappLinkedin

TRENDING NOW

The equity benchmark indices continued with their North-bound run on Tuesday and closed at life-time high levels as investor sentiment was boosted on robust earnings first quarter growth.

Sensex continued with its record run for the second day and ended at 36825.10 soaring 106.50 points or 0.29%. The 30-share barometer also scaled a new record trading high of 36902.06 points in day trade. It had hit its previous record intra-day high of 36749.69 on Monday.

The broader Nifty also settled at a fresh record high of 11134.30 rising 49.55 points, or 0.45%. The 50-share index surpassed its previous record closing of 11130.40 hit on January 29.

Among Sensex pack, Larsen and Toubro, Asian Paints, Vedanta, Adani Ports and Tata Steel surged as much as 3.36%, contributing most to the index. 32 out of 50 stocks advanced in Nifty. 

However, Hero Motor Corp, Kotak Mahindra Bank, Bajaj-Auto, Hindustan Unilever and Wipro were the biggest laggard on Sensex falling as much as 1.97%. The BSE Midcap (1.77%) and Smallcap (2.21%) indices too advanced. 

Sector-wise, except BSE Bankex (-0.13%) and Energy (-0.01%), all the other 17 sectors ended in the green zone. Engineering, capital goods, metal and realty saw robust buying. BSE Basic Materials took the pole position among most gaining sector surging 3.73% followed by Metal (2.87%), Realty (2.80%), Capital Goods (2.56%) and Industrials (2.29%).

Meanwhile, as per the provisional data, both the foreign and domestic institutional investors bought shares worth Rs 104.34 crore and 513.78 crore on Tuesday respectively. 

Globally, Asian indices, Shanghai Composite index up 1.61%, Hong Kong’s Hang Seng rose 1.44% and Japan’s Nikkei, up 0.51%.

ALL-TIME HIGH

  • Nifty surpassed its previous record closing of 11130.40 hit on January 29.
     
  • Engineering, capital goods, metal and realty sectors saw robust buying 
Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement