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

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.

Published: 30th October 2017 10:07 AM  |   Last Updated: 30th October 2017 10:33 AM   |  A+A-

Sensex (File | Reuters)

Image used for representational purpose. (File | Reuters)

By PTI

MUMBAI:  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.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp