Benchmark indices pared some gains but remained steady after opening at record high with Sensex scaling 31,300 tracking gains in global markets as Wall Street touched record highs on upbeat US manufacturing and employment data.
The S&P BSE Sensex gained as much as 195 points to touch a new high of 31,332, surpassing the previous milestone of 31,220 hit on May 29 while the broader Nifty50 rose as much as 16 ponts to reach a fresh high of 9,673, scaling last peak of 9,637 hit on May 29.
The strong data suggested the US economy is regaining speed
The S&P BSE Sensex gained as much as 195 points to touch a new high of 31,332, surpassing the previous milestone of 31,220 hit on May 29 while the broader Nifty50 rose as much as 16 ponts to reach a fresh high of 9,673, scaling last peak of 9,637 hit on May 29.
The strong data suggested the US economy is regaining speed
