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Home > Markets > Sensex jumps 184 point to hit new record high; Nifty reclaims 12,000 mark
Markets
Sensex jumps 184 point to hit new record high; Nifty reclaims 12,000 mark
By  
PTI   , Published : Nov 7, 2019, 4:18 pm IST | Updated : Nov 7, 2019, 4:18 pm IST

After hitting a record intra-day high of 40,688.27, Sensex ended 183.96 points, or 0.45 per cent higher at 40,653.74.

Top gainers in the Sensex pack included Sun Pharma, IndusInd Bank, RIL, ITC, Vedanta, Asian Paints, HDFC and Infosys, advancing up to 3.02 per cent.
Top gainers in the Sensex pack included Sun Pharma, IndusInd Bank, RIL, ITC, Vedanta, Asian Paints, HDFC and Infosys, advancing up to 3.02 per cent.

Mumbai: Equity benchmark BSE Sensex rose 184 points to scale a fresh closing peak of 40,654 on Thursday, tracking gains in metal, energy and banking stocks as positive domestic and global cues enthused investors.

After hitting a record intra-day high of 40,688.27, the 30-share Sensex ended 183.96 points, or 0.45 per cent higher at 40,653.74. Similarly, the broader NSE Nifty ended with a gain of 46 points, or 0.38 per cent, at 12,012.05.

Top gainers in the Sensex pack included Sun Pharma, IndusInd Bank, RIL, ITC, Vedanta, Asian Paints, HDFC and Infosys, advancing up to 3.02 per cent.

On the other hand, Yes Bank, HUL, ONGC, Tata Motors, Axis Bank, L&T and NTPC fell up to 3.27 per cent.

In order to boost growth by steering consumption in real estate, the government on Wednesday approved a Rs 25,000-crore fund to help complete over 1,600 stalled housing projects.

The fresh booster is likely to have a positive impact on related industries as well, experts said, adding that strong corporate earnings and sustained foreign fund inflow have also kept domestic market sentiment upbeat.

Further, global markets turned positive after the Chinese commerce ministry said that China and the US have agreed on a plan to remove tariffs imposed on two-way goods in stages, as negotiators try to craft a trade deal.

Bourses in Shanghai, Hong Kong, Tokyo and Seoul settled in the positive terrain following the news.

Exchanges in Europe too were trading in the green in their respective early deals.

Meanwhile, the Indian rupee appreciated 5 paise to 70.92 against the US dollar intra-day.

Brent crude futures, the global oil benchmark, rose 1.38 per cent to USD 62.59 per barrel.

end-of
Tags: 
bse, nse, sensex, nifty, stock markets, share markets, trade, trading
Location: 
India, Maharashtra, Mumbai (Bombay)
Latest From Markets
After swinging over 423 points intra-day, the 30-share BSE Sensex ended down by 304.26 points, or 0.73 per cent, at 41,253.74. (Photo: File | PTI)

Sensex tanks 304 points on last day of 2019; Nifty drops below 12,200

The 30-share BSE Sensex fell 108.21 points or 0.26 per cent to 41,449.79, and the broader NSE Nifty slipped to 12,227.75. (Photo: File | AP)

Sensex drops over 100 points amid thin global trade

Besides, weakening of the American currency in overseas market supported the rupee, while steady rise in crude oil prices and weak opening in domestic equities weighed on the local unit, forex traders said.

Rupee rises 8 paise to 71.23 against US dollar in early trade

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