Sensex, Nifty open with new high, surpassing previous record

The key equity indices are lifted by an appreciation in the Indian rupee.  S&P BSE Sensex and the NSE Nifty50 experienced a fresh high in the intra day trading during the morning trade session on Tuesday.
 
The 30-share BSE index spurted 124.21 points, or 0.32 per cent, to hit a new high of 38,402.96, surpassing its previous record of 38,340.69 marked yesterday. The index, however, turned choppy and was trading 9.19 points, or 0.02 per cent, lower at 38,269.56 at 0945 hrs.
 
The gauge has gained 615.19 points in the past two sessions.
 
The 50-share NSE Nifty also rose 30 points, or 0.25 per cent, to hit a fresh high of 11,581.785, breaking it previous record of 11,565.30 hit yesterday. The index also turned volatile, and was trading 6.15 points, or 0.05 per cent, lower at 11,545.60 at 0945 hrs.
 
Top losers include Vedanta, Tata Steel, ICICI Bank, SBI, Bharti Airtel and ONGC, falling up to 1 per cent. Major gainers were Coal India, Wipro, Asian Paints, Bajaj Auto, HDFC Bank and ITC, rising up to 1.16per cent.
 
Meanwhile, domestic institutional investors (DIIs) bought shares worth a net of Rs 593.22 crore, while foreign portfolio investors (FPIs) sold shares worth a net of Rs 483.04 crore yesterday, provisional data showed.

Watch this Zee Business video here:

 
Elsewhere in Asia, Japan's Nikkei rose 0.15 per cent, Shanghai Composite Index was up 1.43 per cent and Hong Kong's Hang Seng gained 0.39 per cent in early trade.
 
The US Dow Jones Industrial Average ended 0.35 per cent higher yesterday.