Sensex closes at all-time high, Nifty above 11,000 on capital inflows, rising global markets
Foreign investors bought shares worth Rs 259.37 crore, and local investors Rs 124.82 crore.
The BSE Sensex closed at an all-time high on Tuesday, buoyed by capital inflows and rising global markets. Foreign investors bought shares worth Rs 259.37 crore on Tuesday, and local investors worth Rs 124.82 crore on Tuesday, Mint reported.
The 30-share index rose 106.50 points to finish at 36,825.10. The National Stock Exchange Nifty closed 49.55 points higher at 11,134.30, just 37 points below its all-time high.
Larsen & Toubro was the top gainer on the Sensex. The other major gainers were Asian Paints, Vedanta, Adani Ports and Tata Steel. Hero Motocorp was the biggest loser at the BSE, followed by Kotak Mahindra, Bajaj Auto, Hindustan Unilever and Wipro.
The biggest gainers on the Nifty were Grasim, Hindalco, Indiabulls Housing Finance, Larsen & Toubro and UltraTech Cement. The stocks which declined the most were Kotak Mahindra, Hero Motocorp, Bajaj Finance, Bajaj Finserv and Bajaj Auto.
All other major Asian markets surged on Tuesday. The Hong Kong Hang Seng rose 406.45 points, or 1.44%. Japan’s Nikkei 225 gained 113.49 points, or 0.51%. The Taiwan market rose 48.50 points, or 0.44%. The Shanghai SE Composite Index settled 46.02 points higher, and the Australia ASX All Ordinaries 35.10 points higher.
European markets also gained. The United Kingdom’s FTSE 100 was trading over 65 points higher, Germany’s DAX over 162 points, the Swiss Market Index over 29 points and the French market by over 43 points at 4.33 pm Indian Standard Time. The North and South American markets are yet to open for the day.