Mumbai: The BSE Sensex hit new life-time
intra day high of 34,565.63 in opening session today,
extending its record-setting spree for a fourth session on
buying by domestic investors ahead of quarterly results by
bluechips.
The 30-share index rose by 122.44 points, or 0.35 per
cent, to hit a new peak of 34,565.63, surpassing its previous
record (intra-session) of 34,488.03 points hit yesterday.
The gauge had gained almost 650 points in previous four
sessions to close at a record high at 34,443.19 in yesterday's
session.
Sectoral indices, led by healthcare, realty, teck, oil &
gas, IT and infrastrcuture, were leading the gains.
The 50-share NSE Nifty gained 18.50 points, or 0.17 per
cent, to quote at 10,655.50.
The gauge touched an intra-day high of 10,659.15 and
closed at record high of 10,637 yesterday.
Major gainers were ONGC, Coal India, Bharti Airtel, Sun
Pharma, Adani Ports, Reliance Industries, Power Grid, ITC
Ltd, Dr Reddy's, SBI, Infosys, NTPC and TCS, rising by up to
1.40 per cent.
Brokers said fresh buying by domestic institutional
investors (DIIs) and retail investors ahead of third quarterly
earnings by bluechip companies lifted the flagship Sensex to
new highs.
Besides, a firm trend in global markets also boosted
sentiments, they said.
Among other Asian markets, Hong Kong's Hang Seng gained
0.21 per cent, while Shanghai Composite Index rose 0.24 per
cent in early trade today. Japan's Nikkei, however, fell 0.22
per cent.
The US Dow Jones Industrial Average closed at new records
ahead of key earnings reports.
PTI
