Sensex jumps 200 pts, eyes 39,000-level; Nifty50 nears 11,750
NEW DELHI: Headline indices Sensex and Nifty hit fresh record opening highs on Tuesday, tracking positive global cues.
Asian shares advanced again on Tuesday while major currencies held on to gains amid hopes global tariff tensions were abating as the United States and Mexico made a deal to overhaul the North American Free Trade Agreement, Reuters reported.
MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.3 per cent for a second straight day of gains. Australian shares added 0.5 per cent while Japan's Nikkei jumped 0.8 per cent.
Around 9:20 am, the BSE Sensex was 222 points, or 0.57 per cent, up at 38,915.74, while the Nifty50 was trading 53 points, or 0.45 per cent, up at 11,744.70.
NTPC, Coal India, Asian Paints, Vedanta and Tata Motors were among the top gainers in the Sensex index. Overall, 26 stocks were advancing in the index, compared with 5 decliners.
Shares of Reliance Industries hit fresh 52-week highs, topping the 1,300-mark. Market capitalisation of the company stood at 8,24,528.24 crore.
Most sectors were contributing to the rally in market, with metal, power, pharma and energy witnessing decent rise.
Consumer durables was the only sector that was incurring losses around the same time. Losses in Titan, Crompton Greaves Consumer Electricals and Voltas weighed on the index.
Rupee's volatile journey continued on Tuesday. After opening 11 paise higher, it slipped by 20 paise. At the time of writing this report, the rupee was trading at 70.11.
Asian shares advanced again on Tuesday while major currencies held on to gains amid hopes global tariff tensions were abating as the United States and Mexico made a deal to overhaul the North American Free Trade Agreement, Reuters reported.
MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.3 per cent for a second straight day of gains. Australian shares added 0.5 per cent while Japan's Nikkei jumped 0.8 per cent.
Around 9:20 am, the BSE Sensex was 222 points, or 0.57 per cent, up at 38,915.74, while the Nifty50 was trading 53 points, or 0.45 per cent, up at 11,744.70.
NTPC, Coal India, Asian Paints, Vedanta and Tata Motors were among the top gainers in the Sensex index. Overall, 26 stocks were advancing in the index, compared with 5 decliners.
Shares of Reliance Industries hit fresh 52-week highs, topping the 1,300-mark. Market capitalisation of the company stood at 8,24,528.24 crore.
Most sectors were contributing to the rally in market, with metal, power, pharma and energy witnessing decent rise.
Consumer durables was the only sector that was incurring losses around the same time. Losses in Titan, Crompton Greaves Consumer Electricals and Voltas weighed on the index.
Rupee's volatile journey continued on Tuesday. After opening 11 paise higher, it slipped by 20 paise. At the time of writing this report, the rupee was trading at 70.11.