 "Tata Motors, HUL, Maruti Suzuki, Sun Pharma, Cipla hit new high")
Tata Motors, Hindustan Unilever (HUL), Bharat Petroleum Corporation (BPCL), Sun Pharmaceutical Industries, Cipla and Maruti Suzuki from the 50-share Nifty index touched their respective lifetime highs on strong buying by overseas and domestic institutional investors.
The National Stock Exchange (NSE) CNX Nifty hit a fresh record high of 7,877, up 1% led by auto, banks and pharmaceutical shares.
Among the sectoral indices - CNX Auto and CNX Pharma made new highs in trade on Monday, while CNX Consumption and CNX Finance indices recorded a fresh 52-week high on NSE.
Similarly, the 30-share BSE index Sensex surged 294 points to trade at 26,396.89 surpassing its earlier high of 26,300.17 (intra-day) reached on July 25.
Foreign institutional investors bought shares worth a net Rs 625 crore and domestic institutional investors (DIIs) bought shares worth a net Rs 136 crore on 14 August 2014, as per provisional data from the NSE and BSE.
AIA Engineering, Birla Corporation, CARE, Britannia Industries, Bharat Forge, BASF India, Whirlpool of India, Emami, PTC India Financial Services and Maharashtra Scooters from the CNX-500 index touched record high after reporting strong set of numbers for the quarter ended June 2014. Meanwhile, around 190 stocks hits fresh 52-week high on BSE. The list includes – Ranbaxy Laboratories, Voltas, Amara Raja Batteries, Cox and Kings and Glenmark Pharmaceuticals.
The National Stock Exchange (NSE) CNX Nifty hit a fresh record high of 7,877, up 1% led by auto, banks and pharmaceutical shares.
Among the sectoral indices - CNX Auto and CNX Pharma made new highs in trade on Monday, while CNX Consumption and CNX Finance indices recorded a fresh 52-week high on NSE.
Similarly, the 30-share BSE index Sensex surged 294 points to trade at 26,396.89 surpassing its earlier high of 26,300.17 (intra-day) reached on July 25.
Foreign institutional investors bought shares worth a net Rs 625 crore and domestic institutional investors (DIIs) bought shares worth a net Rs 136 crore on 14 August 2014, as per provisional data from the NSE and BSE.
AIA Engineering, Birla Corporation, CARE, Britannia Industries, Bharat Forge, BASF India, Whirlpool of India, Emami, PTC India Financial Services and Maharashtra Scooters from the CNX-500 index touched record high after reporting strong set of numbers for the quarter ended June 2014. Meanwhile, around 190 stocks hits fresh 52-week high on BSE. The list includes – Ranbaxy Laboratories, Voltas, Amara Raja Batteries, Cox and Kings and Glenmark Pharmaceuticals.