TOP STORIES

TN Assembly polls: Deputy EC takes stock

Chennai: Senior Election Commission officials met in the city today to discuss the preparation for...... Read More >>

Commitment made to people fulfilled: Modi

New Delhi: With his government set to complete two years, Prime Minister Narendra Modi today...... Read More >>

Startup launches mobile loan app in Chennai

Chennai:EarlySalary.com, a Pune-based Fintech startup, has begun its Chennai operations....... Read More >>

Caste equations in Tamilnadu politics

Chennai: Tamilnadu, a State known for rationalism, as claimed by the leaders, has its own history...... Read More >>

Shop for Korean beauty products online

Mumbai: Shop CJ, Asia’s No. 1 home shopping network, now brings the finest of beauty products for...... 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

How do you rate Kabali teaser?