Sensex, Nifty hit new all-time peaks in early trade
The Hindu
Sensex and Nifty reach new all-time highs amid global rally and positive investor sentiment ahead of election results.
Benchmark equity indices Sensex and Nifty hit their new all-time peaks in early trade on May 27 in tandem with a rally in global markets and optimistic investors' sentiment days ahead of the results of the Lok Sabha polls announcement.
The 30-share BSE Sensex climbed 269.28 points to an all-time peak of 75,679.67 in early trade. The NSE Nifty went up by 86.1 points to hit a new lifetime high of 23,043.20.
From the Sensex firms, Tata Steel, Bharti Airtel, JSW Steel, Kotak Mahindra Bank, Sun Pharma, Axis Bank and HDFC Bank were among the major gainers.
Wipro, Mahindra & Mahindra, Maruti and Asian Paints were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory.
Wall Street ended with gains on Friday.
The results of the ongoing general elections will be declared on June 4.
Air India has signed an agreement with Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), to develop a built-to-suit facility for the AME program that will feature modern classrooms, well-equipped laboratories for practical training and a team of qualified trainers.