Sensex, Nifty hit all-time high in early trade
The Hindu
Mumbai stock market hits all-time highs in new fiscal year, fueled by Asian markets and foreign investments.
Benchmark equity indices started the new fiscal on a bullish note on April 1, with the Sensex and Nifty reaching all-time high levels, amid firm trends from Asian markets and foreign fund inflows.
Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 556.98 points to 74,208.33 in early trade. The NSE Nifty climbed 192.1 points to 22,519.
Later, the BSE Sensex reached its all-time high of 74,254.62 and the NSE Nifty hit the lifetime peak of 22,529.95.
From the Sensex basket, JSW Steel, Tata Steel, Kotak Mahindra Bank, HDFC Bank, Tata Motors, and Larsen & Toubro were the major gainers.
In Asian markets, Seoul and Shanghai were quoting in the green while Tokyo traded lower.
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