Afternoon D & C Dedicated To Mumbai
Home > Business > Sensex cracks 32k code again, macro data takes focus

Sensex cracks 32k code again, macro data takes focus

Wednesday, September 13, 2017

Market brimmed with confidence yesterday as the Sensex breached the 32,000 mark again by climbing 276 points to bring up a nearly one-month closing high, with the focus clearly on key macroeconomic data.

The broader NSE Nifty scaled a high of 10,097.55 before closing up 87 points -- or 0.87% -- at 10,093.05, the highest closing since August 1 when it settled at 10,114.65. July IIP data and retail inflation for August are slated for release later in the day.

With this, both benchmarks extended the gains for the fourth day in a row. Risk aversion was clearly relegated to the background after a rally in global markets as the US stocks hit a fresh record high yesterday on fading worries about North Korea and impact of Hurricane Irma on the US.

The BSE Sensex stayed above the base line throughout the session before settling higher by 276.50 points, or 0.87%, at 32,158.66 on continuous inflow of funds by domestic institutional investors (DIIs). The index had rallied 220.19 points in the previous three sessions.

Mcap of BSE-listed cos soars to record high of Rs 135 lakh cr
The total market valuation of all listed companies on the BSE yesterday touched a lifetime high of Rs 135.83 lakh crore helped by strong gains in the broader market where the key benchmark breached the 32,000-mark again. At close of trade today, market capitalisation (m-cap) of BSE-listed companies stood at Rs 1,35,83,958 crore.

No Comments Posted
City news
BJP, Sena celebrate Gudi Padwa with ugly fight ...
Launching a frontal attack on Prime Minister Nare
The anti-encroachment department of (TMC) Thane M
My sex organ becomes hard very often nowadays and
Dr. Rajan B. Bhonsle, M.D. (Bom)
Consulting Sex Therapist & Counsellor
Dr. (Mrs.) Minnu R. Bhonsle, Ph.D.
Consulting Psychotherapist & Counsellor
Select Sun sign:
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)Stick to routine work where there are better chances of good profits. A quick turnover in finances will make you look for new areas of investment. It is not a time to bring about any changes. Build assets through saving for the long term. With certain developments in your life today you will be content. Your mate will be happy for your chance to live your dreams for real and share them.
- Advertising -
Global events will be crucial in deciding the tre
Demonetised Rs 500 and Rs 1,000 notes, which have
As the electric vehicle markets stand on the brin
Read More