For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Sensex Hits New Record High; Nifty Back Above 11,900 points

|

Benchmark indices opened the day higher, with stock buying in frontline heavyweight stocks including the likes of ICICI Bank AND Reliance Industries, which have touched record highs.

The Sensex today hit a new record high of 40,323 points, surpassing a record high of 40,312.07 points hit in the month of July. The rally was largely on account of a cut interest rates by the US Federal Reserve, taking the gains on the Sensex to 5-straight days.

 

Global markets were buoyant after the US S&P 500 hits a new record high, following a cut in interest rates by the US Federal Reserve.

State Bank of India and Zee Entertainment were the top gainers in trade, however, telecom stocks were once again among the losers. Both Bharti Airtel and Bharti Infratel lost ground in trade. Zee was up a huge 6 per cent in trade, while SBI jumped 4 per cent, as analysts remained upbeat on the business prospects, following management guidance.

Shares in HCC jumped almost 15 per cent after reports that lenders would consider a bid for Lavasa. The Nifty and the Sensex are expected to remain volatile today, given that it also expiry for the F&O Oct series.

Sensex Hits New Record High; Nifty Back Above 11,900 points

Meanwhile, the rupee opened marginally higher by 12 paise at 70.77 to the US dollar.

Read more about: sensex nifty
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