Nifty high News
Nifty has touched 10,000, taking only 4.3 months to move from 9,000 points to 10,000.
Indian shares hit record highs on Friday, with Reliance Industries and Tata Steel Ltd leading the gains, as higher derivatives rollover led to strong follow-up buying in index heavyweights.
The NSE Nifty crossed the 8,400-mark for the first time in late morning trade today and hit a new lifetime high of 8,407.35, led by a rally in auto, banking and infrastructure stocks on sustained inflow of foreign capital.
All the sectoral indices were trading in positive zone with gains up to 0.70 percent.
Shares of mid-cap and small-cap companies also gained on buying spree. There were bouts of profit-booking in key heavyweights including consumer durables and IT segments.
All sectoral indices led by metal and capital goods were trading in positive zone with gains up to 1.33 percent.
Sensex scaled up 129.77 points to hit new record high of 26,520 while Nifty breached 7,900-mark for the first time.
BSE Sensex on Monday scaled new record highs by zooming 288 points to 26,390.96 in the closing trade.
The NSE Nifty and BSE Sensex on Monday scaled new record highs of 7,848.30 and 26,320.66 respectively.
The broader Nifty was just 0.6 percent shy of the record high of 7,840.95 hit on July 25.
The benchmark BSE Sensex moved southwards after hitting another life-time high of 25,711.11 in early trade Tuesday.
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