TOP STORIES

SASTRA-Ramanujan award for Oxford scholar

Kumbakonam: Professor James Maynard of Oxford University and the University of Montreal, Canada...... Read More >>

WikiLeaks publishes CIA tips for traveling spies

Washington:WikiLeaks today released two CIA documents that offered tips to help spies maintain...... Read More >>

N Korea threatens strikes on US amid hacking claims

Seoul (AP): North Korea says President Barack Obama is "recklessly" spreading rumors of a...... Read More >>

N Korea threatens strikes on US amid hacking claims

Seoul: North Korea says President Barack Obama is 'recklessly' spreading rumors of a Pyongyang-...... Read More >>

Rihanna films new music video in Paris

Los Angeles: R&B star Rihanna has started shooting a new music video for a new song from her...... Read More >>

MOST POPULAR

VIDEO

Sensex breaches 26,000-mark; Nifty at record-high of 7,787.95

Monday, 7 July 2014
PTI

Mumbai: The benchmark BSE Sensex crossed the 26,000-mark for the first time and the NSE Nifty soared to hit yet another high of 7,787.95 in opening trade today on the back of strong inflow of foreign funds ahead of the

The BSE 30-share barometer spurted by 137.29 points, or 0.52 per cent, to trade at a lifetime high of 26,099.35 with stocks of infrastructure, IT, power, capital goods, auto and realty sectors, leading the rally. The gauge had gained 138.31 points in the previous session.

The NSE Nifty also maintained its record-breaking trend and gathered another 36.35 points, or 0.46 per cent, to hit a new all-time high of 7,787.95 points, surpassing its previous intra-day high of 7,758.00, touched in Friday's trade.

Brokers said sentiments remained extremely bullish on continued buying by foreign funds and retail investors on expectations of a growth-oriented Budget that lifted the key indices to new highs.

Beginning of earnings season later this week also influenced the trading, they added.

Among the 30-Sensex stocks -- L&T, NTPC, Infosys, TCS, Wipro, Tata Power, Hindalco, Tata Steel, Sesa Sterlite, Tata Motors, Bajaj Auto, Hero MotoCorp, SBI, ICICI Bank, Dr Reddy's and Cipla were the major gainers during the initial trade.

Among other Asian markets, Hong Kong's Hang Seng gained 0.15 per cent, while Japan's Nikkei fell 0.02 per cent in early trade today.

The US markets remained closed on Friday.


      

Today's E-Paper

Polls