Mumbai: Both the S & P BSE benchmark sensex and CNX Nifty continued their record breaking spree for the eight consecutive day on persistent buying in select counters after Prime Minister Narendra Modi and US President Barack Obama have pledged to continue to enhance cooperation across various sectors including defence, infrastructure, clean energy and power.
Sustained FII inflows kept the momentum going for India markets despite mixed trend seen in other Asian markets and US president Barack Obama’s visit to India aided sentiment.
The sensex resumed higher at 29,451.65 and rose further to a lifetime high of 29,618.59 before ending at all-time closing high of 29,571.04, showing a gain of 292.20 points or one per cent.
The sensex has gained by 2,224.22 points of 8.13 pct in the eight trading sessions.
The CNX 50-share Nifty also gained by 74.90 points or 0.85 per cent an all-time closing high of 8,910.50 after hitting historic high of 8,925.05.
US President Barack Obama today left for Saudi Arabia, wrapping up his three-day visit here during which both the countries broke a seven-year logjam to operationalise a landmark civil nuclear deal, besides enhancing defence and trade ties.
Foreign portfolio investors (FPIs) bought shares worth a net Rs20.19 billion (Dh1.2 billion) last Friday as per provisional data.
Most Asian stocks trading higher amid optimism that the actions of Greece’s new government may indicate the nation not leaving the euro currency bloc.
