Early Trading Saw Record Highs For Sensex And Nifty

The equity benchmark indices Sensex and Nifty touched new highs in early trade on Thursday, continuing their ongoing rally, amid a generally robust trend in Asian markets along with buying in IT and banking stocks.

In early trade, the 30-share BSE Sensex rose 304.06 points to 67,771.05, its all-time high, rallying for the 10th day in a row. The Nifty climbed 97.65 points to a lifetime high of 20,167.65.

Tata Steel, Tech Mahindra, Wipro, State Bank of India, Power Grid, and JSW Steel were the top gainers on the Sensex. The only laggard was Bajaj Finance.

In Asian markets, Seoul and Shanghai were trading higher, while Hong Kong was trading lower.

On Wednesday, the US markets ended on a mixed note.

Brent crude gained 0.42 percent to USD 92.28 a barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,631.63 crore on Wednesday.

On Wednesday, the BSE benchmark closed at 67,466.99, up 245.86 points or 0.37 percent. The broader Nifty finished above 20,000 for the first time, rising 76.80 points or 0.38 percent to 20,070, its all-time closing high.

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