Stock Market Opens At Lifetime High: Sensex Jumps 143 Points To 41,164, Nifty At 12,138

Continuing their record-breaking streak, Indian stock markets hit new highs on Thursday. In early trade, domestic equities opened at a lifetime high as BSE Sensex jumped over 143 points to 41,164 tracking gains in index-heavyweights TCS, ICICI Bank, and L&T. Also, the Nifty touched an all-time high of 12,138.30 before slipping slightly to quote 11.30 points, or 0.09 per cent, up at 12,112.

According to a report of PTI, top gainers in the Sensex pack included TCS, Tata Steel, ICICI Bank, L&T, and SBI. On the other hand, Tata Motors, HUL, ONGC, Vedanta and Hero MotoCorp were trading in the red.

On the currency front, the India rupee opened on a flat note and appreciated by 3 paise to 71.32 against the US dollar. Forex traders said, the domestic unit was trading in a narrow range as investors await clarity on the US-China trade front. At the interbank foreign exchange, the rupee opened at 71.33, then gained further ground and touched a high of 71.32, registering a rise of just 3 paise over its previous close.

It is worth mentioning here that market benchmark indices scaled fresh closing peaks on Wednesday on hectic buying by foreign investors in banking, IT and auto stocks amid positive trends from global markets. The 30-share Sensex rose by 199.31 points or 0.49 per cent to end at a new life-time high of 41,020.61 as 24 of its constituents ended in the green. The broader NSE Nifty gained 63 points or 0.52 per cent to settle at a new peak of 12,100.70. Meanwhile, the rupee had settled for the day at 71.35 against the US dollar.

Also Read: Closing Bell: Sensex Rises 199 Points To Reclaim 41,000, Nifty Ends To Record High

Also, stocks on Wall Street ended in the green on Wednesday. Brent futures, the global oil benchmark, slipped 0.27 per cent to USD 62.84 per barrel.

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