BSE Sensex touches 36,000 for the first time
Posted on: 23/Jan/2018 11:18:51 AM
The BSE Sensex went past the 36,000 level for the first time while the Nifty hit another record high of 11,045.60 in late morning trade on Tuesday, on the back of widespread gains in IT, financials, FMCG and metal stocks. The gauge had rallied 1,026.96 points in the previous four back-to-back record-setting sessions.
According to brokers, Besides, positive global cues, strong liquidity in the market following unabated foreign fund inflows and steady and widening of bets by investors ahead of the upcoming Budget on February 1, drove markets to record highs.
Top performers that lifted the key indices to lifetime highs were Tata Steel, Infosys, Dr Reddy`s, M&M, ONGC, SBI, Bharti Airtel, Coal India, Reliance Industries, Sun Pharma, ITC Ltd, Axis Bank, HDFC Ltd, NTPC and L&T. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 1,567.51 crore yesterday, as per provisional data.
