Sensex scales another peak of 30346.69; Nifty at 9450.65

After a strong opening, the 30-share BSE Sensex continued its upward journey to hit a fresh intra-day high of 30,271.60 before ending at 30,248.17, up 314.92 points, or 1.05 per cent. The 30-share Sensex also rose as much as 338 points to its record high of 30,271 at intra-day moving beyong its previous peak of 30,177.

The BSE Sensex rose more than 1 percent on Thursday to its highest close in a month as stocks of blue chip companies such as.

However, in the last half hour of trade Sensex came under selling pressure and ended the day two points higher than its previous close. "Both the benchmark indices are now witnessing firm sentiments and we expect the Indian equities to continue with firm trades in the second half of the session as well".

Indian shares rose on Tuesday after three consecutive sessions of falls as recent decliners such as IT stocks recovered, but overall sentiment was cautious ahead. Shanghai Composite Index fell 0.03 per cent.

Anand James, Chief Market Strategist of Geojit Financial Services, said: "Earlier in the day, French electoral outcome's positivity was dented by weak Chinese data, but oil's rise and Saudi and Russia's readiness to extend production cuts could keep U.S. equities northbound".

Zee Entertainment Enterprises jumped 5.7% to 545.35 rupees, taking its two-day gains to almost 10%.




The made net investments worth of Rs 333 crore in equities, the stock exchange provisional data shows.

"Appreciation of Indian rupee against the United States dollar also supported the firmness".

"But profit booking towards the end of session dragged the stocks off their session highs". "Banking stocks resumed the firmness on strong buying support", Desai told IANS. India VIX closed lower by 4.7% at 11.1 levels.

Among the top gainers, Wipro, Axis Bank, Adani Ports, Larsen & Toubro and International Olympic Committee rose 1-3 percent.

Bharti Airtel, which ended with a hefty gain on Wednesday, is down 1.7% on profit taking.

On the other hand, the S&P BSE oil and gas index fell by 134.37 points, the capital goods index by 91.37 points and the power index by 28.84 points.

Related Articles

  • We're not looking at what Barcelona do, says Real Madrid's Casemiro

    We're not looking at what Barcelona do, says Real Madrid's Casemiro

    Casemiro added that there are players who feature less but that does not mean that they are B-team. Real Madrid striker Alvaro Morata was delighted with victory at Granada .
    Ex-Gaza chief Ismail Haniyeh elected leader of Hamas

    Ex-Gaza chief Ismail Haniyeh elected leader of Hamas

    Al-Qassam fighters also captured an Israeli soldier in 2006 and swapped him in 2011 for more than 1,000 Palestinian prisoners. It also says its struggle is not against Jews due to their religion but against the Zionist entity as an occupier.

    Cristiano Ronaldo closing in on another Ballon d'Or: Zinedine Zidane

    I said yeah, I'd like to, that if I had to leave I would nearly certainly go to London, but that I didn't know what Madrid would do.
  • Thousands expected at LA May Day rally

    Thousands expected at LA May Day rally

    Protesters are hoping that marches around the country, including NY and Los Angeles, can prove equally successful. At 11 a.m., workers and activists will hold a May Day rally at Justin Herman Plaza in San Francisco.
    Prabhas Hikes His Fee After Baahubali

    Prabhas Hikes His Fee After Baahubali

    After being inundated with congratulatory calls and messages, "Baahubali 2" star Prabhas has taken off to the U.S. for a break. Keeping in mind the huge craze around Baahubali 2 , the makers wanted it to be a flawless experience for the fans.
    Torino coach Sinisa Mihajlovic: My players were fantastic for Juventus draw

    Torino coach Sinisa Mihajlovic: My players were fantastic for Juventus draw

    Diego Farias pulled one back for Cagliari in stoppage time, but it proved to be scant consolation for the mid-table side. And that's just the 24 league goals for Higuain this season.
  • US environmental chief to recuse himself from court cases

    US environmental chief to recuse himself from court cases

    I have had the pleasure of serving on the EPA Board of Scientific Counselors, and my appointment was terminated today. Freire called the cuts "a clean break" from the Obama administration's way of doing things.

    Celtics beat Bulls 108-97, take 3-2 lead in series

    The Bulls center continued his hot streak during Game 5 on Wednesday, with 14 points on 6-for-7 shooting. Neither team could claim more than a 8 point lead during the first or second quarters.

    BJP conspiring to crush AAP: Sanjay Singh

    He added that two persons have been included in the Cabinet now, Kailash Gahlot and Rajendra Gautam for a post which was vacant. He said he met Anti-Corruption Branch (ACB) officials on Monday morning to file a complaint in the water tanker scam.
  • Kings XI Punjab win keeps play-off chase alive

    Meanwhile, skipper Gautam Gambhir wasn't being given a chance to free his arms and he was struggling to hit boundaries. Chasing a modest 159 for victory, KKR raced to 105 for no loss in just six overs, for a record IPL powerplay total.
    Always Dreaming wins Kentucky Derby in slop

    Always Dreaming wins Kentucky Derby in slop

    Battle Of Midway, trained by Jerry Hollendorfer and ridden by Flavien Prat, finished five lengths behind Lookin at Lee in third. Before the race, Classic Empire, McCracken , Always Dreaming and Irish War Cry were mentioned by experts as the favorites.

    Houston Rockets vs. San Antonio Spurs game 4 preview

    But, for the most part, the Spurs have been able to keep him in the paint, where his length is bothersome to incoming traffic. Because the physical bumping and grinding the Spurs have injected into this series since that Game 1 is undeniable.