In Mumbai, the benchmark Sensex rose nearly 91 points to close at a fresh all-time high, while Nifty settled above the 25,400 level for the first time, supported by firm global trends ahead of the much-awaited Federal Reserve decision. of the US on interest rates.
Extending its record-breaking streak for the second day, the 30-share BSE Sensex rose 90.88 points or 0.11 per cent to settle at an all-time high of 83,079.66. During the day, it rose 163.63 points or 0.19 percent to 83,152.41.
The NSE Nifty gained 34.80 points or 0.14 per cent to settle at an all-time high of 25,418.55.
Among the 30 Sensex companies, Bharti Airtel, NTPC, Mahindra & Mahindra, Kotak Mahindra Bank, Titan, Larsen & Toubro, ICICI Bank, Bajaj Finance, Hindustan Unilever and Reliance Industries were the top gainers.
Tata Motors, Tata Steel, Adani Ports, JSW Steel, ITC and Asian Paints were the laggards.
In Asian markets, Hong Kong closed with gains while Tokyo closed lower. Markets in mainland China and South Korea were closed.
European markets were trading in positive territory. US markets finished mostly higher on Monday.
"The Indian market showed subtle positive momentum, driven by anticipation of a rate cut cycle by the US FED. Although a 25 basis point cut is largely factored in, the market remains vigilant to the FED's comments on the health of the economy and the future path of rate cuts," said Vinod Nair, Head of Research at Geojit Financial Services.
Wholesale inflation fell for the second straight month to 1.31 percent in August due to cheaper vegetables, food and fuel, government data released on Tuesday showed.
Foreign institutional investors offloaded shares worth Rs 1,634.98 crore on Monday, according to exchange data.
Global benchmark Brent crude fell 0.25 percent to $72.52 a barrel.
The BSE benchmark index rose 97.84 points or 0.12 per cent to settle at a new record high of 82,988.78 on Monday. The Nifty rose 27.25 points or 0.11 per cent to settle at 25,383.75. During the day, the benchmark index hit a new intraday record of 25,445.70.
Extending its record-breaking streak for the second day, the 30-share BSE Sensex rose 90.88 points or 0.11 per cent to settle at an all-time high of 83,079.66. During the day, it rose 163.63 points or 0.19 percent to 83,152.41.
The NSE Nifty gained 34.80 points or 0.14 per cent to settle at an all-time high of 25,418.55.
Among the 30 Sensex companies, Bharti Airtel, NTPC, Mahindra & Mahindra, Kotak Mahindra Bank, Titan, Larsen & Toubro, ICICI Bank, Bajaj Finance, Hindustan Unilever and Reliance Industries were the top gainers.
Tata Motors, Tata Steel, Adani Ports, JSW Steel, ITC and Asian Paints were the laggards.
In Asian markets, Hong Kong closed with gains while Tokyo closed lower. Markets in mainland China and South Korea were closed.
European markets were trading in positive territory. US markets finished mostly higher on Monday.
"The Indian market showed subtle positive momentum, driven by anticipation of a rate cut cycle by the US FED. Although a 25 basis point cut is largely factored in, the market remains vigilant to the FED's comments on the health of the economy and the future path of rate cuts," said Vinod Nair, Head of Research at Geojit Financial Services.
Wholesale inflation fell for the second straight month to 1.31 percent in August due to cheaper vegetables, food and fuel, government data released on Tuesday showed.
Foreign institutional investors offloaded shares worth Rs 1,634.98 crore on Monday, according to exchange data.
Global benchmark Brent crude fell 0.25 percent to $72.52 a barrel.
The BSE benchmark index rose 97.84 points or 0.12 per cent to settle at a new record high of 82,988.78 on Monday. The Nifty rose 27.25 points or 0.11 per cent to settle at 25,383.75. During the day, the benchmark index hit a new intraday record of 25,445.70.
