4/26/2017

26 April (Wednesday) Sensex, Nifty hit record high on global rally

stock market news
Key benchmark indices were hitting their respective record highs at open in early trade Wednesday on positive global cues. At 10.15 am, the BSE Sensex, was trading up 141.06 points or 0.47% at 30,084.30. The NSE Nifty-50 index was currently trading up 40.10 points or 0.43% at 9,346.70. The Sensex and Nifty have hit the record high levels in early trade. The BSE Mid-cap advanced 0.36% while the BSE Small-cap rose 0.61%. 

Sensex yesterday breached its all-time high level of 30,071 exceeding previous high of 30,024 hit on March 4, 2015. The Nifty also yesterday hit a high of 9,343. 

Axis Bank surged 1% ahead of earnings later today, while Wipro Ltd surged 2% on robust quarter fourth earning results. Mahindra & Mahindra, HDFC and Tata Steel also gained the most in BSE Sensex while Cipla Ltd, HeroMoto Corp, PowerGrid and Dr Reddy Lab were losing splendor. 

Most Asian stocks have rallied in new peaks while the euro consolidated fresh gains as immediate concerns of political uncertainty in the euro zone.

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