NEW DELHI: Markets on Monday scaled new closing highs with the benchmark BSE Sensex rising greater than 300 points and the broader NSE Nifty finishing above the 11,550-mark. Both the indices gained toughen from the certain international cues and some restoration in the rupee.
Sensex rose 331 points or 0.87 in keeping with cent to finish at a new closing high of 38,279, while Nifty ended 81 points or 0.71 in keeping with cent up at 11,552.
Traders mentioned certain cues from different Asian markets, tracking good points on the Wall Street fuelled by hopes for an easing of the business row between China and america, influenced sentiments.
The indices touched contemporary highs buoyed by good points in Larsen & Toubro following a buyback proposal, while financials rose. L&T, Tata Motors, ONGC and Tata Steel were among the main gainer on the 30-share BSE index with their stocks rising as much as 6.74 in keeping with cent.
On NSE, Nifty metal index gained probably the most and finished 2.5 in keeping with cent higher.
Sensex rose 331 points or 0.87 in keeping with cent to finish at a new closing high of 38,279, while Nifty ended 81 points or 0.71 in keeping with cent up at 11,552.
Traders mentioned certain cues from different Asian markets, tracking good points on the Wall Street fuelled by hopes for an easing of the business row between China and america, influenced sentiments.
The indices touched contemporary highs buoyed by good points in Larsen & Toubro following a buyback proposal, while financials rose. L&T, Tata Motors, ONGC and Tata Steel were among the main gainer on the 30-share BSE index with their stocks rising as much as 6.74 in keeping with cent.
On NSE, Nifty metal index gained probably the most and finished 2.5 in keeping with cent higher.
Markets close at new highs: Sensex soars 331 points; Nifty above 11,550
![Markets close at new highs: Sensex soars 331 points; Nifty above 11,550]()
Reviewed by Kailash
on
August 21, 2018
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