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Sensex scales new high, closes at 30,133; Nifty ends at 9,352

The Sensex on Wednesday scaled a new high with closing over the mark of 30,000 on strong global cues and healthy corporate earnings.

India TV Business Desk, New Delhi [Published on:26 Apr 2017, 4:08 PM IST]
Sensex scales new high, closes at 30,133
Sensex scales new high, closes at 30,133

The Sensex on Wednesday scaled a new high with closing over the mark of 30,000 on strong global cues and healthy corporate earnings. 

The 30-scrip Sensitive Index (Sensex) closed at 30,133.35, up by 190.11 (0.63 per cent) from yesterday’s closing mark. 

On Tuesday, the Sensex closed at 29,943.24 points.

On the other hand, the broader 51-scrip Nifty at National Stock Exchange (NSE), which hit 9,300 for the first time on Tuesday, gained 45.25 (0.49 per cent) to close at 9,351.85 today. 

The performance of stock market has been attributed to Foreign Institutional Investors(FIIs) inflows, healthy corporate earnings and strong performances of internationals markets.

Foreign funds bought shares worth net Rs 178.82 crore and domestic funds worth Rs 998.26 crore yesterday, as per provisional figures issued by stock exchanges. 

Overseas, Asian indices traded higher following the rise in US stocks on the back of strong earnings announcements and expectations surrounding US President Donald Trump's impending tax reforms. 

In the US, stocks soared as McDonald's and Caterpillar reported strong earnings, with the Nasdaq surpassing the 6,000 mark for the first time. The Dow Jones industrial average surged 1.12 per cent to close at 20,996.12.