Rahman to perform live in Chennai, Kovai

Chennai: The Mozart of Madras, A R Rahman, will be performing live in Chennai and Coimbatore this...... Read More >>

Rajini Murugan is unlimited fun: Sivakarthikeyan

'Rajini Murugan' is a family entertainer and it will provide whole-hearted laughter for women and...... Read More >>

INA to release on Valentine's day

Come 14 February, (Valentine's Day), STR's long-pending movie Idhu Namma Aalu (INA) will finally...... Read More >>

No retirement plans for Parrikar

New Delhi: Defence minister Manohar Parrikar today said he has no plans of retiring soon and that...... Read More >>

Put an end to daily smartphone charging

London: British scientists have invented a new type of touchscreen material that requires very...... Read More >>



Sensex hits life-time peak of 25,788; Nifty at 7,711

Wednesday, 2 July 2014

Mumbai: The BSE Sensex and NSE Nifty hit their life-time peaks of 25,788.40 and 7,711.25 in morning trade on widespread buying on the back of sustained foreign capital inflows coupled with higher global cues.

The Sensex resumed higher at 25,660.57 and rose further to an all-time peak of 25,788.40, showing a sharp gain of 272.05 points, or 1.06 per cent, surpassing previous record of 25,725.12 reached on June 11.

The NSE 50-share Nifty also rose by 76.55 points, or 1 per cent to hit an all-time high of 7,711.25, surpassing previous record of 7,700.05.

In the global market, the S&P 500 index and the Dow Jones Industrial Average climbed to all-time highs yesterday as manufacturing activity picked up in the US and Asia in June and increased optimism about the global economy's health.

Major gainers were SSLT (2.78 per cent), Sun Pharma (2.00 per cent), HDFC (1.47 per cent), Coal India (1.44 per cent), ICICI Bank (1.32 per cent), Dr Reddy's Lab (1.31 per cent), Larsen (1.31 per cent), Tata Steel (1.23 per cent) and NTPC (1.23 per cent).

Foreign portfolio investors (FPIs) bought shares worth a net Rs 856.35 crore yesterday, as per provisional data from the stock exchanges.

Asian stocks rose in their early trade after reports showing manufacturing expansion in US, the world's biggest economy, sent American stocks to record-highs. Key benchmark indices in Hong Kong, South Korea, Singapore, China, Japan and Taiwan rose 0.13-1.14 per cent.


Today's E-Paper


Would you buy Maggi noodles again?