Nifty, Sensex hit fresh record highs as earnings season kicks off
Standard stock indices Sensex And elegant It reached an all-time high in early trading on Monday amid new inflows of foreign money and buying at the IT counters.
The 30-share BSE Sensex Index rose 128.6 points to reach an intraday high of 66,189.50 in early trade. The NSE Nifty Index rose by 47.65 points to reach an all-time high for the day at 19,612.15.
from Sensex packaging, WiproAnd Tech MahindraAnd power gridAnd InfosysAnd Hindustan UnileverAnd HCL TechnologiesAnd Asian paints And UltraTech Cement were the main winners.
ICICI Bank, Bharti Airtel, HDFC Bank, Larsen & Toubro and Titan were among the defaulters.
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Foreign institutional investors (FIIs) were buyers on Friday buying shares worth Rs 2,636.43 crore, according to exchange data.
“In July, FPIs invested Rs 30,660 crore in India, including mega deals and investment through the primary market. This reflects FPI’s increasing confidence in the Indian economy and markets,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
In Asian markets, Seoul and Shanghai traded lower, while Hong Kong traded in the green.
US markets ended mixed on Friday.
Brent crude, the global benchmark for oil, fell 0.86 percent to $79.18 a barrel.