Sensex, Nifty hit fresh record peaks in early trade
The Hindu
Mumbai Sensex and Nifty hit record highs amid firm US markets, foreign fund inflows, with volatile trading later.
Equity benchmark indices Sensex and Nifty hit their fresh record peaks in early trade on March 7 amid a firm trend in the U.S. markets and foreign fund inflows.
The 30-share BSE Sensex climbed 159.18 points to reach an all-time peak of 74,245.17 in early trade. The Nifty went up by 49.6 points to 22,523.65.
However, later the markets turned volatile and both the benchmark indices were trading between highs and lows.
Among the Sensex firms, JSW Steel, Tata Steel, Bajaj Finance, Bajaj Finserv, Asian Paints and State Bank of India were the major gainers.
Mahindra & Mahindra, Infosys, Axis Bank and ICICI Bank were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.
The U.S. markets ended in the positive territory on Wednesday.
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