Sensex crosses 38,000-mark for first time

NSE Nifty climbed 45.20 points to hit a new high of 11,495.20


Indian benchmark indices BSE Sensex and NSE’s Nifty 50 surged to their fresh record highs on Thursday following continued interest from foreign investors.

BSE Sensex rose 162.56 points to a new all time high of 38,050.12 and the Nifty 50 rose 45.2 points to a fresh record high of 11,495.20.

Asian stocks traded mixed as China hit back against the Trump administration’s latest tariffs and tensions ratcheted up between the US and Russia.

The yen edged higher, while oil held on to its losses. Oil prices stabilized after a sharp fall in the previous session.

Meanwhile, FPIs purchased on net basis shares worth Rs 568.63 crore on Wednesday, while DIIs bought Rs 30.25 crore of shares, showed provisional data.

Meanwhile, rising for the third day, the rupee firmed up by 18 paise to 68.45 against the US dollar in opening trade today on continued selling of the American currency by exporters and banks amid foreign capital inflows.

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