Sensex And Nifty Hit Record Highs On Strong Global Markets, Foreign Investment Inflows

Benchmark equity indices Sensex and Nifty rose to new highs on Monday, boosted by global markets optimism and foreign capital inflows.

The 30-share BSE Sensex moved 494.28 points or 0.67 percent to 74,742.50. During the day, it rose 621.08 points or 0.83 percent to reach a record intra-day high of 74,869.30.

The NSE Nifty advanced 152.60 points or 0.68 percent to 22,666.30. During the day, it climbed 183.6 points or 0.81 percent to a lifetime high of 22,697.30.

Info Edge( India), GAIL(India), Eicher Motors, Maruti Suzuki, Mahindra & Mahindra, TVS Motor Company, Godrej Consumer, and NTPC were the top gainers.

Among the laggards were RECL, Varun Beverages, PNB, Adani Power, Adani Ports, Nestle, and Apollo Hospitals.

In Asian markets, Seoul, Tokyo, and Hong Kong closed higher, while Shanghai closed lower.

Brent crude lost 0.81 percent to USD 90.43 a barrel.

European markets were trading in positive territory.

On Friday, Wall Street closed higher.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 1,659.27 crore on Friday.

On Friday, the BSE benchmark Sensex improved 20.59 points or 0.03 percent to 74,248.22, while the NSE Nifty declined 0.95 points to 22,513.70.

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