Nifty, the benchmark index of National Stock Exchange, on Thursday touched an all the time high of 11,172. Nifty Banking index led the rally with 10 out of 12 stocks advanced in trade. Sensex, the benchmark index of Bombay Stock Exchange, has also crossed the mark of 37,000 at 37,014.65.
In the opening trade, Sensex was 0.32 per cent higher at 36,976.66 level after closing at 36,858.23 points on Wednesday. The Nifty 50, opened at 11,132.95 and soon touched the lifetime high of 11,172.20.
State Bank of India, Ultra Cement, Grasim, Eicher Motors led the rally in Nifty. Axis Bank, Asian Paints and Wipro, however, are the stocks that have lost the most. Thirty-three out of 50 Nifty stocks advanced in trade on Thursday morning.
Domestic equity indices took a breather on Wednesday to close on a flat note after a largely volatile trade throughout the day.
The Sensex was up by 33.13 points or 0.09 per cent at the Wednesday’s closing. In the day’s trade, the barometer 30-scrip sensitive index had touched a high of 36,947.18 points and a low of 36,803.15 points. Nifty, was down by 2.30 points or 0.02 per cent.
On Thursday, Asian indices were showing a mixed trend. Japan’s Nikkei 225 was quoting in red, down by 0.18 per cent while Hang Seng was down by 0.63 per cent, South Korea’s Kospi was up 0.57 per cent. China’s Shanghai Composite index was trading in red, down by 0.60 per cent.
Overnight, Nasdaq closed in green, up by 1.15 per cent while FTSE 100 was down by 0.66 per cent at the closing on Wednesday.
(WIth IANS Inputs)