Markets hit fresh record highs; Sensex hits 29,000 mark: Benchmark indices have opened higher, hitting fresh record highs in opening deals tracking gains in their Asian peers. Globally, equity markets have edged higher on speculations that the European Central Bank may launch a bond purchase programme later in the day.
At 9:45 AM, the S&P BSE Sensex was trading at 29030 up 141 points, while NSE Nifty was trading at 8762 up 32 points. The Mid-cap and Small-cap Index, both, is outperforming the broader indices. The market breadth indicating the overall health of the market is positive. The Indian rupee opened with marginal gains of 4 paise at 61.60 per dollar today versus 61.64 Wednesday.