Stock markets: Sensex, Nifty hit fresh record highs amid strong global cues in early trade

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Stock markets: Sensex, Nifty hit fresh record highs amid strong global cues in early trade


Image Source : PTI/REPRESENTATIVE Stock markets replace: March 7

Stock markets: Equity benchmark indices Sensex and Nifty hit fresh record highs on Thursday amid strong global cues. The 30-share BSE Sensex climbed 159.18 factors to achieve an all-time peak of 74,245.17 in early trade. The Nifty went up by 49.6 factors to 22,523.65.

Among the Sensex corporations, JSW Steel, Tata Steel, Bajaj Finance, Bajaj Finserv, Asian Paints and State Bank of India had been the main gainers. Mahindra & Mahindra, Infosys, Axis Bank and ICICI Bank had been among the many laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong had been buying and selling decrease. Global oil benchmark Brent crude dipped 0.13 per cent to USD 82.85 a barrel. 

Rupee in opposition to greenback 

Meanwhile, the rupee stayed agency and rose 9 paise to 82.74 in opposition to the US greenback in early trade on Thursday on the again of a weak American forex abroad and a sustained influx of international funds in the home capital markets.

The native forex additionally discovered help from constructive fairness markets, nonetheless, risky crude oil costs capped its rally, foreign exchange merchants stated. At the interbank international change, the home forex opened at 82.82 and gained additional to trade at 82.74 in opposition to the buck, climbing 9 paise from its earlier shut.

(With inputs from PTI)

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