4/03/2017

3 March (Monday) Nifty opens fresh record high, Sensex above 140 points

The benchmark indices on Monday edged higher in early trade tracking positive Asian peers. At 10.15 am, the BSE Sensex was up 146.73 points or 0.50% at 29,767.23. The Nifty-50 index was up 34.35 points or 0.38% at 9,208.20. In the broader market, the BSE Midcap and the S&P BSE Smallcap indices added 0.4% and 0.5%, respectively. 

All sectoral indices have opened the day in positive note, except reality stocks. The automobiles sector and banking, and oil & gas sector leading the pack of gainers. The rupee is trading at 64.84 to the US Dollar. 

Reliance Industries Ltd (RIL) extended gains to touch its fresh 52-week high of Rs 1,380 on the BSE after its telecom venture Reliance Jio extended prime membership for users by 15 days. 

In the economic front, the GST Council on Friday cleared rules on the 5 aspects of the new indirect tax rules and tentatively endorsed four sets of norms.

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