Mumbai : The direct effect of the boom in Asian markets can be seen on the Indian stock market also. As soon as the domestic market opened on Thursday, the speed of both the major indices showed rocket pace. Sensex and Nifty have reached their all-time high levels today. Sensex has crossed the 85,300 mark for the first time.
BSE Sensex has risen 202.3 points in early trade to reach all-time high of 85,372.17 points. NSE Nifty is at a new all-time high of 26,056 points with a gain of 51.85 points. Among the 30 companies listed in the Sensex, shares of Maruti, Nestle, Tata Motors, Infosys, Tech Mahindra, HCL Technologies, Bajaj Finserv, Tata Consultancy Services, ITC and Bharti Airtel have been the biggest gainers. Shares of Power Grid, NTPC, Tata Steel and JSW Steel have suffered the most losses.
closed with negative attitude
In Asian markets, South Korea's Kospi, Hong Kong's Hang Seng, Japan's Nikkei 225 and China's Shanghai Composite have also benefited. The US market closed with a negative trend on Wednesday.
closed with slight gains
Foreign exchange experts said that due to net selling by foreign institutional investors (FIIs) on Wednesday, further pressure on the domestic currency increased against the dollar. At the interbank foreign exchange market, the rupee opened at 83.66 per dollar and then touched 83.69 per dollar, showing a decline of 11 paise from the previous closing price. The rupee had closed at 83.58 against the US dollar on Wednesday. Meanwhile, the dollar index, which gauges the US dollar's position against six major currencies, saw a marginal rise of 0.03 per cent to 100.93.
buy shares at this price
International standard Brent crude stood at $ 73.52 per barrel with a gain of 0.08 percent. According to stock market data, foreign institutional investors (FIIs) were sellers on Wednesday and sold shares worth a net Rs 973.94 crore. Whereas domestic institutional investors i.e. DIIs bought shares worth Rs 1,778.99 crore.
(with agency input)
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