Sensex scales new high; healthcare stocks gain

Mumbai, Jul 8: A benchmark index of Indian equities markets hit a new high of 26,190.44 points in the early session Tuesday, surpassing a record high of 26,123.55 points it hit Monday, ahead of the railway budget later in the day.

Good buying was observed in healthcare, consumer durables, banking and metal sectors, while selling pressure was seen in IT and technology, media and entertainment (TECK) sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,166.92 points, was trading at 26,127.46 points (at 9.26 a.m.) in the early session, up 27.38 points or 0.10 percent from the previous day’s close at 26,100.08 points. The Sensex touched a high of 26,190.44 points and a low of 26,113.23 points in the trade.

The S&P BSE healthcare index went up by 99.12 points, the consumer durables index increased by 53.81 points, the bankex inched up by 46.68 points and the metal index gained by 44.69 points. However, the IT index dropped by 42.65 points and the TECK index slipped by 14.95 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading flat at 6.15 points or 0.08 percent up at 7,793.30 points.