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October 18, Thursday 2018 1:28 AM       

       HEADLINES: Nation going to witness protests of Ayyappa devotees, Rahul Easwar tells Arnab Goswami                                              ‘Cyber bullies should be purified’, says Saradakkutti                                              Women should not destroy rituals, says Ali Akbar                                              Police dept prepares List of women-officers to be deployed at Sabarimala                                              Navarathri festival begins at Pathmanabhapuram palace                                              Bar demands lifting ban on lawyers' strike, but CJI unimpressed                                              Sharad Pawar won't contest 2019 polls: NCP                                              Khaleda Zia admitted to specialised state-run hospital                                              India beat West Indies by innings and 272 runs                                              Kaumudi Facebook
       BUSINESS Next Article: Rupee off 6-week high, down 13 paise at 64.68  
       Sensex hits new record of 33,853.63; Nifty rises 34 pts
 
         Posted on :14:10:31 Nov 7, 2017
   
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       Last edited on:14:10:31 Nov 7, 2017
         Tags: Sensex hits new record of 33,853.63; Nifty ri
 

MUMBAI: The benchmark BSE Sensex Tuesday scaled a new peak of 33,853.63 as its record setting spree continues for a third day on the back of rally in infrastructure, IT, capital goods and banking stocks.

The broader Nifty gained 33.95 points, or 0.32 per cent, to trade at 10,485.75, approaching towards its life-time high of 10,490.45 points (intra-day) touched yesterday.

Fresh inflows by foreign funds and positive global leads also lifted the mood, brokers said.

Foreign portfolio investors (FPIs) bought shares worth a net Rs. 576.27 crore yesterday, the provisional exchange data showed.

The 30-share Sensex climbed 122.44 points, or 0.36 per cent, to scale a new high of 33,853.63, breaching its previous intra-day record of 33,848.42 hit yesterday.

The gauge had gained 157.97 points in the previous two sessions and closed at record high of 33,731.19 yesterday.

Except consumer durables, all the sectoral indices, led by infrastructure, IT, banking and realty were trading in the positive territory, with gains of up to 1.01 per cent.

Brokers said investor sentiments remained upbeat on the back of better-than-expected Q2 earnings numbers posted by most of bluechip companies so far and a firming trend at other Asian markets. The US markets scored fresh records for a second day yesterday.

Major gainers which supported the Sensex rally were ONGC, TCS, Sun Pharma, Infosys, M&M, Kotak Bank, Hindustan Unilever, HDFC Ltd, Cipla, Wipro, Hero MotoCorp, Lupin, HDFC Bank, SBI and NTPC.

Globally, among other Asian markets, Hong Kong's Hang Seng was up 1.22 per cent while Japan's Nikkei rose 0.82 per cent in their late morning deals. Shanghai Composite Index gained 0.66 per cent.

The US Dow Jones Industrial Average ended at record by gaining 0.04 per cent yesterday.

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       BUSINESS
Next Article: Rupee off 6-week high, down 13 paise at 64.68
 
 
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