Mumbai:
Domestic stock markets touched new highs on Wednesday on the back of bullish trend in Asian markets and buying in shares of Reliance Industries. Bombay Stock Exchange’s sensitive index Sensex (BSE Sensex) and National Stock Exchange’s index Nifty (NSE Nifty) closed at their all-time highs.
BSE’s 30-share index Sensex gained 620.73 points, or 0.80 per cent, to close at a new record high of 78,674.25. At one point during trading, it rose 705.88 points to touch a new all-time high of 78,759.40.
NSE’s benchmark index Nifty rose 147.50 points or 0.62 percent to close at a record high of 23,868.80. It rose 168.6 points to touch a new all-time high of 23,889.90 during trading.
Among the Sensex companies, shares of Reliance Industries, Bharti Airtel, Ultratech Cement, Sun Pharma, Adani Ports, Axis Bank, NTPC and Bajaj Finance registered gains. On the other hand, shares of Mahindra & Mahindra, Tata Steel, Tech Mahindra and JSW Steel remained in losses.
Elsewhere in Asia, South Korea’s Kospi, Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng also closed higher. European markets were trading with mixed sentiments in the afternoon session. American markets closed mostly higher on Tuesday.
Global oil benchmark Brent crude rose 0.80 percent to $85.69 a barrel.
According to stock market data, foreign institutional investors (FIIs) bought net shares worth ₹ 1175.91 crore on Tuesday.
On Tuesday, the BSE Sensex closed up 712.44 points at 78,053.52 and the NSE Nifty closed up 183.45 points at 23,721.30.