Sensex hits new peak of 33,295, Nifty at 10,369 pts

Image
Press Trust of India Mumbai
Last Updated : Oct 30 2017 | 10:02 AM IST
The benchmark Sensex and the broader Nifty today jumped to new life highs of 33,295 and 10,369, respectively, with encouraging quarterly earnings sending out a positive signal among investors.
PSU, consumer durables, infrastructure and auto stocks remained in the lead. Positive Asian shares added to optimism.
Buying by domestic institutional investors (DIIs) lifted mood too, traders said.
The 30-share Sensex climbed 138.11 points, or 0.41 per cent, to scale a new high of 33,295.33, breaching its previous intra-day record of 33,286.51 hit on October 27.
All the sectoral indices led by PSU and infrastructure were trading in positive territory, with gains of up to 0.98 per cent.
The 50-share NSE Nifty too rose 46.10 points, or 0.44 per cent, to scale a fresh lifetime high of 10,369.15, breaking its previous intra-day record of 10,366.15 touched on Friday.
Stock of Maruti Suzuki India, the country's largest carmaker, was trading up by 1.44 per cent as its second quarter net profit edged up.
Others that lifted the key indices to record highs are ONGC, Reliance Industries, Bharti Airtel, Tata Steel and SBI, rising by up to 2.51 per cent.
Other Asian markets saw a firming trend as investors tracked a record closing on Wall Street on Friday.
Hong Kong's Hang Seng was trading higher by 0.06 per cent while Japan's Nikkei rose 0.35 per cent. Shanghai Composite, however, shed 0.09 per cent today.
The US Dow Jones Industrial Average closed 0.14 per cent higher on Friday.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 30 2017 | 10:02 AM IST

Next Story