MUMBAI (Reuters) - The Sensex and the Nifty briefly hit record highs on Monday on the back of continued strong foreign buying in blue chips such as HDFC Bank<.HDBK.NS>, but edged lower soon afterwards on profit-taking and because of falls in regional shares.
The Sensex all-time high of 22,005.54 points marked its third consecutive record high in as many sessions, while the Nifty hit a second consecutive milestone at 6,545.10 points.
Foreign investors posted on Friday their biggest daily purchases since December 9, or a net 25.77 billion rupees. That marked a 16th consecutive buying session for a net total of about $1.4 billion.
However, both the Sensex and Nifty edged lower after hitting their respective record highs, tracking a slide in Asian shares on the back of disappointing Chinese trade data and uncertainty over the crisis in Ukraine.
(Reporting by Indulal PM; Editing by Rafael Nam)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
