Thursday, May 23, 2019
News

Sensex, Nifty hit fresh record highs (Second Lead)

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Tuesday, 2019 5:15:06 PM IST
The BSE Sensex touched a fresh record high of 39,277.96 on Tuesday, an hour after the NSE Nifty 50 set a fresh benchmark.

The Nifty50 on the National Stock Exchange recorded its fresh high with a new record level of 11,787.05 points.

At 10.55 a.m., the Nifty50 traded at 11,783.80, higher by 93.45 points or 0.80 per cent from the previous close 11,690.35 points.

The Sensex was at 39,262.36, higher by 356.52 points or 0.92 per cent higher from the previous close of 38,905.84 points.

It had opened at 39,040.30 and has so far touched an intra-day low of low 39,038.81 points.

According to market analysts, the Indian Meteorological Department's (IMD) forecast of near-normal monsoon rains and a positive trade data supported the investor sentiments.

The IMD on Monday said that the south-west monsoon rains in 2019 will be near-normal with an expected rainfall of 96 per cent.

Rise in exports from the country, also boosted the investor sentiment.

India's merchandise exports grew 11.02 per cent, on a year-on-year (YoY) basis in March, to $32.55 billion from $29.32 billion reported for the corresponding month of last year, official data showed on Monday.

--IANS rrb/ksk

( 205 Words)

2019-04-16-11:20:07 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
5th Smart Cities India 2019 expo inaugur...
Stock markets surge to historic highs as...
Nippon Life Insurance ups stake in RNAM ...
Joint bid for Jet Airways innovative but...
APSEZ signs pact to develop and operate ...
Sensex slips 299 points after hitting 40...
More...
 
INDIA WORLD ASIA
BJP sweeping Lok Sabha polls (National) ...
YSR Congress set to wrest power in Andhr...
Counting of votes begins...
Maharashtra: 5 injured in road accident ...
Roshan Baig helped BJP, tried to sabotag...
MP reels under intense heat, Khargone ho...
More...    
 
 Top Stories
NDA takes big lead in Bihar, Girira... 
Trump 'master' of the platform: Twi... 
Its heavyweights trailing, Chhindwa... 
Punjab: Congress leads in 8 seats, ... 
Deve Gowda's grandsons leading in K... 
Bengal: Trinamool ahead in 21 LS se... 
Smith sounds warning bell, stars in... 
Alex Hales eyes England comeback at...