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Sensex rallies 600 points; Nifty 50 hits record high

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Mumbai, March 14: The domestic equity indices rallied in green during the early morning trade session on Tuesday.

Call it the impact of election results, as Indian equity markets were closed on account of Holi on Monday.

Both the key indices gained over 1.50 per cent with healthy buying seen in banking, capital goods, consumer durables and automobile stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) zoomed by 139.40 points or 1.56 per cent, to 9,073.95 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,437.23 points, traded at 29,385.39 points (9.30 a.m.) — higher by 439.16 points or 1.52 per cent from the previous close at 29,946.23 points.

The Sensex touched a high of 29,561.93 points and a low of 29,381.42 points during the intra-day trade so far.

On March 10, the benchmark indices had inched up on the back of strong rupee, fresh inflow of foreign funds and positive global cues.

The NSE Nifty gained 7.55 points or 0.08 per cent to 8,934.55 points, while the barometer Sensex was up by 17.10 points or 0.06 per cent to 28,946.23 points.

Wefornews Bureau

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