Stock Market LIVE: Nifty hits 11,500 for first time; Sensex at record high; L&T, Tata Motors top gainers

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BSE Sensex and NSE’s Nifty trade at record highs on Monday. Photo: Mint

BSE Sensex and NSE’s Nifty trade at record highs on Monday. Photo: Mint

  • Mumbai: Benchmark indices BSE Snesex and NSE’s Nifty 50 surged to new record higher on Monday following positive cues from global markets, with the Nifty hitting 11,500 for the first time. In intraday trade, the Sensex surged 312.39 points to a fresh record high of 38,260.27 and the Nifty 50 soared 74.35 points to an all-time high of 11,545.10. Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks and the Chinese yuan rallied away from dangerous lows. The Indian rupee along with Asian currencies strengthened against the US dollar over optimism that trade tensions between US and China will ease after planned talks due this week. Moreover, FIIs purchased shares worth Rs 147.31 crore on net basis on Friday and DIIs bought Rs 151.89 crore of shares, provisional data showed. Here are the latest updates from the markets:



2018-08-20 04:56:00

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