Nifty hits 9,000 level for the first time

MUMBAI: The National Stock Exchange index Nifty breached the 9,000-level for the first time in pre-close session on Tuesday on sustained inflow of foreign capital amid growth-oriented and market-friendly measures in the Budget.

The 50-issue Nifty crossed the 9,000-level for the first time by gaining 47.20 points, or 0.52 per cent, to trade at an all-time high of 9,003.95, surpassing its previous intra-day high of 8,996.60 reached on January 30.

Meanwhile, the benchmark BSE sensex too climbed 177.72 points, or 0.60 per cent, to trade at over one-month high of 29,636.86.

Reliance Industries led the rally as its scrip zoomed 4.60 per cent to Rs 903.40 on the back of reports that LIC has raised its stake in the company by 2.09 per cent.

Among others, TCS, Cipla, Sun Pharma, HDFC Ltd, Sesa Sterlite, Wipro and Hindalco also supported the upsurge.

You may also like...

Rules of Discussion on Nifty hits 9,000 level for the first time

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.
Loading comments …