Don’t miss the latest developments in business and finance.

Sensex rises over 215 pts to new record high of 21,492

Image
Press Trust of India Mumbai
Last Updated : Mar 06 2014 | 3:13 PM IST
The benchmark BSE Sensex today surged to an all-time intra-day high of 21,492.49 by rising 215.63 points on heavy buying by foreign investors across sectors.
The Sensex surpassed the previous intra-day high of 21,483.74, recorded on December 9, 2013.
The 30-share barometer, which had gained over 330 points in the previous two sessions, remained bullish as foreign funds remained net buyers for the past two weeks.
The broader National Stock Exchange index Nifty shot up by 66.90 points to 6,395.55 at 1415 hours.
India's current account deficit (CAD) fell sharply to USD 4.2 billion, or 0.9 per cent of GDP, in the December quarter of 2013-14 on the back of rise in exports and moderation in gold imports.
Brokers said steady buying by funds and retail investors and a firming trend at other Asian bourses boosted the sentiment here.
They said a firming trend in the Asian region and higher opening in Europe further influenced the sentiment.

Also Read

First Published: Mar 06 2014 | 3:13 PM IST

Next Story