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Sensex hits record high; tech, realty stocks gain

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Reuters
Last Updated : Oct 30 2014 | 1:16 PM IST

Reuters Market Eye - The BSE Sensex hit a record high on Thursday with exporters leading the gains on the U.S. Federal Reserve's optimism about U.S. economic recovery,

The benchmark BSE Sensex was up 0.77 percent at 27,305.53 as of 1:05 p.m. after hitting a record of 27,358.85. The broader Nifty rose 0.75 percent.

Infosys was up 2.3 percent while Dr.Reddy's Laboratories gained 1.4 percent.

Realty shares rose after the government relaxed rules for foreign investment in construction.

DLF gained 3.4 percent, Sobha Developers was up 1.75 percent.

A lower-than-expected increase in wheat support prices also aided sentiment.

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First Published: Oct 30 2014 | 1:08 PM IST

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