Markets hit record high
Posted on Sep 03 2014 | IANS
Mumbai, Sep 3 : A benchmark index of Indian equities markets Wednesday hit record high of 27,144.80 points, surpassing its previous high of 27,082.85 points Sep 2.
Almost all the sectors were trading in the green and the rally was led by consumer durables, auto, capital goods and oil and gas sectors, while marginal selling pressure was seen in fast moving consumer goods (FMCG) sector.
The 30-scrip Sensitive Index (Sensex) of the S and P Bombay Stock Exchange (BSE), which opened at 27,128.06 points, was trading at 27,140.93 points (at 09.17 a.m.) in the early session, up 121.54 points or 0.45 percent from the previous day's close at 27,019.39 points.
The Sensex touched a high of 27,144.80 points and a low of 27,104.24 points in the trade so far.
The S and P BSE consumer durables index surged by 196.37 points, auto index gained 177.44 points, capital goods index moved up by 135.58 points and oil and gas index inched up by 99.82 points. However, FMCG index slipped by 5.52 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also hit record high and was trading at 31 points or 0.38 percent up at 8,114.05 points. Nifty Tuesday hit a record high of 8,101.95 points.