The benchmark Sensex and the broader
Nifty today jumped to new life highs of 33,295 and 10,369,
respectively, with encouraging quarterly earnings sending out
a positive signal among investors.
PSU, consumer durables, infrastructure and auto stocks
remained in the lead. Positive Asian shares added to optimism.
Buying by domestic institutional investors (DIIs) lifted
mood too, traders said.
The 30-share Sensex climbed 138.11 points, or 0.41 per
cent, to scale a new high of 33,295.33, breaching its previous
intra-day record of 33,286.51 hit on October 27.
All the sectoral indices led by PSU and infrastructure
were trading in positive territory, with gains of up to 0.98
The 50-share NSE Nifty too rose 46.10 points, or 0.44 per
cent, to scale a fresh lifetime high of 10,369.15, breaking
its previous intra-day record of 10,366.15 touched on Friday.
Stock of Maruti Suzuki India, the country's largest
carmaker, was trading up by 1.44 per cent as its second
quarter net profit edged up.
Others that lifted the key indices to record highs are
ONGC, Reliance Industries, Bharti Airtel, Tata Steel and SBI,
rising by up to 2.51 per cent.
Other Asian markets saw a firming trend as investors
tracked a record closing on Wall Street on Friday.
Hong Kong's Hang Seng was trading higher by 0.06 per
cent while Japan's Nikkei rose 0.35 per cent. Shanghai
Composite, however, shed 0.09 per cent today.
The US Dow Jones Industrial Average closed 0.14 per cent
higher on Friday.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)