Sensex, Nifty set fresh records; banks, refiners lead gains

Postado Janeiro 12, 2018

Stock markets saw a fresh surge on Friday morning as Sensex jumped a further 100 points, hitting a fresh all-time high of 34,638.42.

The broader Nifty, after scaling an all-time high (intra-day) of 10,690.40 points, finished at 10,681.25, up 30.05 points, or 0.28 per cent.

At 9:16 AM, the BSE Sensex was trading at 34,606, up 102 points, while the broader Nifty50 was ruling at 10,688, up 37 points. During the week, the Sensex gained 438.54 points, or 1.28%, while the Nifty rose 122.40 points, or 1.15%. This came even as TCS posted disappointing December quarter earnings.

"There is a little bit of hesitation seen ahead of key macro data coming later in the day".


Foreign portfolio investors (FPIs) sold shares worth Rs 623.63 crore on net basis while domestic institutional investors (DIIs) bought equities to the tune of Rs 770.02 crore yesterday, provisional data showed.

About 1,059 shares advanced against 272 declining shares on the BSE. Japan's Nikkei dipped 0.1 per cent.

Wall Street's three major stock indexes hit record highs with earnings for S&P 500 companies expected to have increased by 11.8 per cent in the recently-ended quarter, according to Thomson Reuters I/B/E/S.

It broke its previous closing high of 34,443.19 hit on January 9.