Market extends winning streak for 2nd session led by banking, IT stocks
At close, Sensex was up 654 points or 0.9 per cent at 76,555 and Nifty was up 206 points or 0.9 per cent at 23,163.
Positive global cues pushed the key domestic equity indices to new intra-day high levels during the morning trade session on Tuesday.
Positive global cues pushed the key domestic equity indices to new intra-day high levels during the morning trade session on Tuesday.
Accordingly, the S&P BSE Sensex touched a fresh high of 38,920.14 points.
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Similarly, the NSE Nifty50 reached a new record high of 11,760.20 points.
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Market observers credited easing of global trade tensions and healthy buying in metal, healthcare and oil and gas stocks as factor which pushed the key indices higher.
Around 9.35 a.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 11,731.35 points – higher by 39.40 points or 0.34 per cent — from its previous close.
The barometer 30-scrip Sensitive Index (Sensex), which opened at 38,814.76 points, traded at 38,808.48 points — higher by 114.37 points or 0.30 per cent — from its previous session’s close of 38,694.11 points.
Sensex touched a low of 38,793.31 points during the intra-day trade.
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