For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Sensex Hits A New Peak Of 40,392 points; Closes 77 Points Higher

|

The Sensex hit a new record high of 40,392.22 points in intra day trade today, surpassing a record high of 40,312 points hit in the month of June.

The Sensex has now scaled a new peak in less than 100 days, thanks to a surge in stocks like Reliance Industries, ICICI Bank, Bajaj Finance and Asian Paints in these 100 days.

Sensex Hits A New Peak Of 40,392 points; Closes 77 Points Higher
 

The index closed 77 points higher at 40,129 points.

Today was the fifth straight day of gains and the momentum for now looks exceedingly strong. Gains on Thursday was led by a solid rally in Yes Bank, following a notice to the exchanges that the bank has received definite binding offer of investment of $1.2 billion through fresh issuance of shares.

"The Bank would like to inform that it has now received a binding offer from a global investor for an investment of US$ 1.2 Billion in the Bank through fresh issuance of equity shares, subject to Regulatory approvals/conditions as well as Bank's Board and Shareholders approvals," the bank said in a statement.

Other notable gainers from the Nifty included stocks like Zee Entertainment, which jumped 9 per cent and SBI, which gained 8 per cent.

A few of the laggards in trade included names like Tech Mahindra and Mahindra and Mahindra.

Strong buying was seen across global markets, following the US Fed decision to cut interest rates. The S&P 500 had rallied to fresh record highs.

GoodReturns.in

Read more about: sensex shares nifty stocks
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more