Sensex crosses 38,000 points for the first time

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Mumbai : After reaching record heights yesterday, the 30-Share BSE Sensex today crossed 38,000 level for the first time ever. Sensex opened 100 points higher today and surged to 38,050 points in the opening trade. Similarly, the broader Nifty 50 opened at 11,493, up by 0.2%.

Shares of Nalco, RCom, JP Associates, ICICI Bank, Infosys, Axis Bank, VEDL were among the top gainers in the index. In the Nifty, shares of ONGC, RIL, Bajaj Finance rallied by nearly 3% each. 40 shares were trading in the green, while 9 shares traded in the red.

Currently (at 10.05 am) the Sensex is at 38,009.79  points, a gain of 127 points. Nifty is at 11,476.05, a gain of 26 points.

The stock markets (Sensex and Nifty) ended at record closing highs on Wednesday with BSE Sensex closing near to 37,900 and NSE Nifty finishing above 11,450 for the first time in stock market history following the rally in RIL (Reliance Industries) share price.

Asian stock markets were mixed on Thursday with Chinese stocks outperforming the region.  Japan’s Nikkei 225 fell 0.3 percent to 22,584.18 while South Korea’s Kospi inched down 0.2 percent to 2,297.62. Hong Kong’s Hang Seng index advanced 0.6 percent to 28,533.38. Shanghai Composite Index jumped 1.3 percent to 2,781.06. Australia’s S&P-ASX 200 was up 0.5 percent to 6,301.30, said the report.

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