Similarly, the broader NSE Nifty soared It touched an intra-day record of 17, After scaling a new peak of 59, Domestic equities witnessed sharp recovery with benchmarks Nifty and Sensex both recording fresh all-time highs, said Binod Modi, Head-Strategy at Reliance Securities. Favourable FOMC meeting outcome and ease of concerns from possible default of Evergrande aided market rally. Financials and Reliance Industries have dominated market rally, followed by metals, IT and auto, he added.
Rupee slips 2 paise to close at Equity markets at close. The price of petrol in Delhi stands at Rs In Mumbai, petrol currently costs Rs The Indian rupee inched higher by 5 paise to Forex traders said the broad weakness of the American currency in the overseas market and sustained foreign fund inflows supported the local unit, while high crude oil prices restricted the gains. Copper futures fall on weak demand.
Globally, West Texas Intermediate crude oil was trading 0. Analysts attributed the fall in gold prices to trimming of positions by participants.
Nifty, sensex hit record high, auto stocks drive rally
The Nasdaq composite added 0. Crude oil futures dip on weak spot demand. Petrol and diesel prices unchanged. Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid a weak spot demand. On Wednesday, energy and technology companies helped lift stocks on Wall Street broadly higher, reversing the market's pullback from a day earlier.
Market highlights: sensex ends above 59, for the first time, nifty settles at fresh lifetime high
Gold prices fell Rs to Rs 46, per 10 gram in the futures trade on Thursday, as speculators reduced their positions amid low demand. At the interbank foreign exchange, the rupee opened at Stocks were mostly lower in Asia on Thursday after Japan and China released data that were weaker than expected. Tokyo's Nikkei index dropped 0. Rupee inches 5 paise higher at Global market update.
Sensex rises pts, nifty ends above 14,; metal, pharma stocks lead gains
Copper futures on Thursday slipped 1. The rupee slipped 2 paise to close at Crude oil prices on Thursday fell Rs 5 to Rs 5, per barrel after participants cut their positions. Gold futures fall on low demand. Globally, gold traded 0.
Meanwhile, Brent crude, the international benchmark, fell 0. The Nifty Financial Services index rose 1. Asian markets traded with cuts as the fall in Chinese property stocks pushed Asian stocks down while European markets traded with positive sentiments.
The Dow Jones Industrial Average gained 0. Analysts said trimming of positions by speculators due to muted demand in the spot market mainly led to the fall in copper prices here.
The volatility index or India VIX rose 4. Equity markets at open.
Sensex crosses 54, after rising over points, nifty at fresh all-time high
The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards. The scrip was locked at Rs Prices of petrol and diesel remained steady across the country for the 11th successive day on Thursday, September 16, The prices of the key auto fuels were last revised on September 5 when petrol and diesel prices were cut by 15 paise per litre each in the national capital.
The Shanghai Composite index gave up 0. Shares fell in Taiwan but rose in Singapore and Jakarta. Range for rupee can be seen between The banking sector is expected to perform well in the coming days as the sector which failed to fairly participate in the ongoing rally due to fear over asset quality is gaining traction.
Sensex jumps During the day, the BSE benchmark had touched a lifetime high of 58, In the intraday trade, the share frontliner had breached the 17,mark for the first time ever and hit a record high of 17, Live Blog. Earlier in the day, the BSE benchmark had surged Likewise, the Nifty 50 climbed The NSE barometer had earlier breached the 17,mark for the first time ever to touch a record high of 17, IndusInd Bank was the top gainer of the day on the Sensex pack surging over 7 per cent.