Business Samachar

Stock market at new high,  Sensex scales 78,000 1st time posted by NILESH WAGHELA  Mumbai: Benchmark Sensex breached the historic 78,000 level for the first time while Nifty settled at a new record high on Tuesday on buying in blue-chip bank stocks and Reliance Industries amid firm trends in Asian markets.  Bank Nifty also closed above 52,000 first time. Nifty likely to climb towards 24,000. The 23,500-23,550 area is likely to act as strong support going forward, experts said. The 30-share BSE Sensex jumped 712.44 points or 0.92 per cent to settle at a new closing peak of 78,053.52. During the day, the benchmark soared 823.63 points or 1 per cent to hit a fresh lifetime high of 78,164.71. The Nifty went up by 183.45 points or 0.78 per cent to settle at a record closing peak of 23,721.30. During the day, it climbed 216.3 points or 0.91 per cent to hit a new all-time high of 23,754.15. Among the 30 Sensex companies, Axis Bank, ICICI Bank, HDFC Bank, Tech Mahindra, Larsen ...

New history in the stock market: Sensex crosses 65,200 for the first time ever Posted by NILESH WAGHELA Mumbai: The stock market is preparing for a new record every day.  Sensex surpassed the level of 65,200 and Nifty above 19,300 points, for the first time in the history of the stock market during the session. With the bullish trends in the world markets and especially due to the heavy buying of foreign institutional investors (FII), the stock market is witnessing a strong bullish weather. Bullish signs were present from the pre-opening session today.  In the pre-opening of the market, the Nifty reached a record high and the Bank Nifty was also trading at a record high.  The stock market is trading at a record high for the third day in a row.  Nifty crossed 19250 for the first time and Bank Nifty crossed 45,000 for the first time. Whereas, the Sensex crossed 65,000 for the first time. Of course, profit booking has washed away some of the gains.  At the time of ...