Sensex breaches 36,000 mark, Nifty 11,000 for first time
Sensex
The Nifty opened at 10,997.40, quickly going on to hit a high of 11,023
The Sensex breached the 36,000 mark for the first time Tuesday, following closely in the footsteps of the Nifty which crossed the 11,000 mark for the first time in early-morning trade Tuesday.
The Nifty opened at 10,997.40, quickly going on to hit a high of 11,023.
The Sensex meanwhile opened at 35,868.19, and then went on to hit an all-time high of 36,024.07.
The Sensex has been on a bull run of late, clocking in a number of record-setting sessions. It took only 17 sessions to get from the 34,000 mark to the 35,000 mark.
Uninterrupted foreign fund inflows amid strong corporate earnings and positive global leads drove the benchmark indices to fresh life time highs.
Trading sentiment remained extremely bullish backed by sustained capital inflows by foreign funds and widespread buying by retail investors, driven by strong earnings by some more bluechip companies that helped key indices to scale new peaks, brokers said.
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Moreover, record closing on Wall Street as lawmakersagreed a budget deal to reopen the US government and a firming trend at other Asian markets too bolstered trading sentiment s here, they added.
(With inputs from PTI)