Sensex ends at new high of 34592; Nifty at record 10681

Adjust Comment Print

The 30-share Sensex was trading lower by 69 points or 0.20 per cent at 34,373.45 1230 hrs.

Mumbai: Benchmarks Sensex and Nifty ended at fresh life-time highs on Thursday on optimism surrounding corporate earnings amid mixed global cues.

Around 2 p.m., the barometer 30-scrip Sensitive Index (Sensex) of the BSE rose by 36.84 points or 0.11 per cent to trade at 34,540.33 points.

For the week, the NSE index added 1.2 percent, while the BSE index advanced 1.3 percent.

Both the indices hit fresh all-time highs in the intra-day trade. Most Asian stocks closed higher after strong lead from Wall Street. In an unprecedented move, Justice Chelameswar and three other senior judges today held a press conference on various issues relating to the apex court judiciary.

The BSE Mid-cap and BSE Small-cap indices were up 0.26% and 0.75%, respectively.

Sensex, Nifty Seen Up On Firm Global Cues

Expectations of healthy domestic earnings aided sentiments.

"There is a little bit of hesitation seen ahead of key macro data coming later in the day".

On the currency front, the Indian rupee strengthened by three paise to close at 63.63 against the United States dollar from its previous close at 63.66.

Major gainers were ICICI Bank 1.26 percent, Maruti 1.25 percent, Reliance 1.16 percent, L&T 0.69 percent and HDFC 0.58 percent. Among them, metal index gained the most by 0.71%, capital goods 0.61%, infrastructure 0.56% and banking 0.47%, while IT Index was down 0.1%.

Major Sensex losers were: Bharti Airtel, down 1.04 per cent at Rs 509.40; ITC, down 0.89 per cent at Rs 267.50; Power Grid, down 0.88 per cent at Rs 196.50; Bajaj Auto, down 0.84 per cent at Rs 3,175.10; and Tata Motors (DVR), down 0.73 per cent at Rs 252.50.

Delta quarterly profit falls 8%
Finally, Public Employees Retirement Association of Colorado raised its stake in Delta Air Lines by 30.0% in the second quarter. With the existing current ratio, Delta Air Lines, Inc .is more than equipped to confront its liabilities with its assets.