Stock Market today: Sensex, Nifty eke out gains to settle at fresh life-time highs

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Stock Market today: Sensex, Nifty eke out gains to settle at fresh life-time highs


Among the Sensex corporations, Tata Steel, JSW Steel, Tata Motors, Bajaj Finserv, Bajaj Finance, Asian Paints, ITC and Nestle had been the foremost gainers.
| Photo Credit: Reuters

Benchmark Sensex and Nifty closed at fresh document highs on March 7 following gains in metallic and FMCG shares amid agency world tendencies and overseas fund inflows.

In a extremely unstable commerce, the 30-share BSE Sensex eked out gains of 33.40 factors or 0.05% to settle at a brand new closing peak of 74,119.39. During the day, it jumped 159.18 factors or 0.21% to attain an all-time excessive of 74,245.17.

The Nifty rose by 19.50 factors or 0.09% to attain a brand new closing peak of twenty-two,493.55. During the day, it climbed 51.6 factors or 0.22% to a document excessive of twenty-two,525.65. Among the Sensex corporations, Tata Steel, JSW Steel, Tata Motors, Bajaj Finserv, Bajaj Finance, Asian Paints, ITC and Nestle had been the foremost gainers.

Mahindra & Mahindra, Reliance Industries, Axis Bank, ICICI Bank and Power Grid had been among the many laggards. In Asian markets, Seoul settled within the inexperienced whereas Tokyo, Shanghai and Hong Kong ended decrease.

European markets had been buying and selling on a blended notice. The U.S. markets resulted in constructive territory on March 6. Foreign Institutional Investors (FIIs) purchased equities value ₹2,766.75 crore on Wednesday, in accordance to alternate knowledge. Global oil benchmark Brent crude dipped 0.65% to $82.42 a barrel.

The BSE benchmark jumped 408.86 factors or 0.55,% to settle at a brand new document excessive of 74,085.99 on Wednesday. The Nifty climbed 117.75 factors or 0.53% to settle at a fresh closing peak of twenty-two,474.05.



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