Key benchmark indices rose more than 1 percent today, resuming their record-setting streak after two days of consolidations, as strong foreign buying and weak oil prices stoked buying in blue-chips shares with financial index leading the show. The Nifty gained as much as 1.15 percent to a new high of 8,180.20, while the Sensex rose 1.21 percent to an all-time high of 27,354.99, surpassing their previous records hit on last Wednesday.
The 50-share Nifty is the best performing equity index in Asia, up 32.6 percent in U.S. dollar terms for 2014 so far. The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 41 advances to 9 declines.
The 50-share Nifty is the best performing equity index in Asia, up 32.6 percent in U.S. dollar terms for 2014 so far. The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 41 advances to 9 declines.
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