Business

Closing Bell: Sensex And Nifty Hit New All-Time Highs

The benchmark equity indices Sensex and Nifty closed at new all-time highs on Tuesday, aided by strong global trends and new foreign fund inflow.

The BSE Sensex soared 334.21 points, or 0.43 percent to a new all-time high of 77,326.98. The NSE Nifty climbed 95.10 points, or 0.40 percent to hit its new lifetime high of 23,560.70.

Avenue Supermarkets, HAL, Shriram Finance, Bosch, Power Grid Corp, Samvardhana Motherson, Wipro, Bharat Electronics, Trent, Jio Financial Serv., Titan, Adani Enterprises, ICICI Bank, Tata Consumer, and IRCTC were the top gainers.

Among the laggards were Zydus, Maruti Suzuki, ABB India, Dr Reddy’s Lab, United Spirits, ICICI Prudential, Dabur India, and TVS Motor Company.

In Asian markets, Singapore, Tokyo, South Korea, Shanghai, Thailand, and Taiwan ended higher, while Malaysia, Hong Kong, and Indonesia closed lower.

US markets ended with gains on Friday.

European stocks were trading higher.

Brent crude lost 0.15 percent to USD 84.12 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 2,175.86 crore on Friday.

The equity markets were closed on Monday in observance of Eid al-Adha.

On Friday, the Sensex advanced 181.87 points, or 0.24 percent to 76,992.77, while the Nifty moved 766.70 points, or 0.29 percent to 23,465.60.

Spriha Rai

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