Sensex hits 38,000, Nifty at 11,400

by IANS |

Mumbai, March 15 (IANS) The BSE Sensex on Friday touched the 38,000 mark for the first time since September, supported by healthy buying in the banking and finance stocks.

The Nifty50 on the National Stock Exchange also touched 11,400 points after a period of six months.

Gains in the major Asian markets also aided the rise in the Indian indices, analysts said.

Around 10 a.m., the Sensex rose 270 points to touch an intra-day high of 38,024.95 points.

The Sensex, however retreated from the day's high to trade at 37,979.61 (10.48 a.m.), higher by 224.72 points or 0.60 per cent from the previous close of 37,754.89 points.

It had opened at 37,760.23 points and so far it has touched a low of 37,760.23 points.

The top gainers on the Sensex were Kotak Mahindra, Power Grid and State Bank of India (SBI) and the major losers were Bharti Airtel, Hindustan Unilever and Tata Motors.

The Nifty50 on the National Stock Exchange traded at 11,414.30, higher by 71.05 points or 0.63 per cent from its previous close.

Latest News
Sensex crosses 74K mark in 1000 points rally Thu, Mar 28, 2024, 03:42 PM
Man stabbed to death during fight over drinking water Thu, Mar 28, 2024, 03:41 PM
Actor Mukesh, BJP candidate Ashwini file nominations in Kerala Thu, Mar 28, 2024, 03:22 PM
Gillespie resigns from his role as South Australia, Adelaide strikers' head coach Thu, Mar 28, 2024, 03:15 PM
'No scope for individuality in party', Karnataka DyCM Shivakumar warns warring leaders Thu, Mar 28, 2024, 03:10 PM
Ukrainian FM arrives in India to build on talks between PM Modi, Volodymyr Zelenskyy Thu, Mar 28, 2024, 03:02 PM
Political conspiracy, claims Kejriwal while being taken to Rouse Avenue Court Thu, Mar 28, 2024, 02:47 PM
NXP Semiconductors unveils industry-first platform for software-defined vehicles Thu, Mar 28, 2024, 02:41 PM
CM Vijayan & CPI(M) tread cautiously after ED case against Veena Vijayan Thu, Mar 28, 2024, 02:37 PM
IPL 2024: 'They opened for Australia...', says Ganguly on DC's opting for Warner, Marsh as opening pair vs PBKS Thu, Mar 28, 2024, 02:28 PM
India's trade policy is calibrated with economic growth path: Piyush Goyal Thu, Mar 28, 2024, 02:17 PM
Holi brings cheer to UP excise dept as sales soar Thu, Mar 28, 2024, 02:11 PM
Punjab CM Bhagwant Mann blessed with baby girl Thu, Mar 28, 2024, 02:10 PM
New AI tool can predict fatal heart rhythm with 80 pc accuracy Thu, Mar 28, 2024, 12:41 PM
IPL 2024: 'Perplexed, beyond my understanding', Smith, Pathan slam Hardik's tactics of using Bumrah vs SRH Thu, Mar 28, 2024, 12:27 PM