Mumbai: Benchmark equity indices Sensex and Nifty hit their fresh closing lifetime highs on Friday following buying in market majors HDFC Bank, Reliance Industries and Mahindra & Mahindra amid encouraging export data.
Ending gains for the third consecutive session, the 30-share BSE Sensex rose 181.87 points or 0.24 per cent to close at a new closing peak of 76,992.77. During the day it jumped 270.4 points or 0.35 percent to 77,081.30.
NSE Nifty rose 66.70 points or 0.29 per cent to hit a record high of 23,465.60. Intra-day, it rose 91.5 points or 0.39 per cent to hit a new all-time high of 23,490.40.Among the 30 Sensex companies, Mahindra & Mahindra, Titan, HDFC Bank, Reliance Industries, UltraTech Cement, Bajaj Finance, Axis Bank, Tata Motors and Asian Paints were the biggest gainers.
On the other hand, Tech Mahindra, Tata Consultancy Services, Wipro, HCL Technologies, Larsen & Toubro and State Bank of India were among the major laggards.
According to government data released on Friday, India's merchandise exports rose 9 percent to US$38.13 billion in May 2024 from US$34.95 billion in the same month a year ago.
Imports also increased by 7.7 percent to US$ 61.91 billion in May 2023 from US$ 57.48 billion.
In Asian markets, Seoul, Tokyo and Shanghai closed higher, while Hong Kong closed lower.European markets were trading at lower prices in mid-session deals. On Thursday, American markets closed on a mixed note.
According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 3,033 crore on Thursday.
Global oil benchmark Brent crude fell 0.12 percent to US$82.65 per barrel.
On Thursday, the BSE benchmark jumped 538.89 points or 0.70 to hit its lifetime peak of 77,145.46.It later closed at 76,810.90, up 204.33 points or 0.27 percent. Nifty closed at 23,398.90, up 75.95 points or 0.33 per cent.
Ending gains for the third consecutive session, the 30-share BSE Sensex rose 181.87 points or 0.24 per cent to close at a new closing peak of 76,992.77. During the day it jumped 270.4 points or 0.35 percent to 77,081.30.
NSE Nifty rose 66.70 points or 0.29 per cent to hit a record high of 23,465.60. Intra-day, it rose 91.5 points or 0.39 per cent to hit a new all-time high of 23,490.40.Among the 30 Sensex companies, Mahindra & Mahindra, Titan, HDFC Bank, Reliance Industries, UltraTech Cement, Bajaj Finance, Axis Bank, Tata Motors and Asian Paints were the biggest gainers.
On the other hand, Tech Mahindra, Tata Consultancy Services, Wipro, HCL Technologies, Larsen & Toubro and State Bank of India were among the major laggards.
According to government data released on Friday, India's merchandise exports rose 9 percent to US$38.13 billion in May 2024 from US$34.95 billion in the same month a year ago.
Imports also increased by 7.7 percent to US$ 61.91 billion in May 2023 from US$ 57.48 billion.
In Asian markets, Seoul, Tokyo and Shanghai closed higher, while Hong Kong closed lower.European markets were trading at lower prices in mid-session deals. On Thursday, American markets closed on a mixed note.
According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 3,033 crore on Thursday.
Global oil benchmark Brent crude fell 0.12 percent to US$82.65 per barrel.
On Thursday, the BSE benchmark jumped 538.89 points or 0.70 to hit its lifetime peak of 77,145.46.It later closed at 76,810.90, up 204.33 points or 0.27 percent. Nifty closed at 23,398.90, up 75.95 points or 0.33 per cent.
