Sensex reaches the record peak of 40,435; Nifty is approaching 12K

Mumbai, November 4 () The BSE Sensex market reference recovered more than 269 points to reach its intraday high of 40,434.83 in the first operations on Monday, led by gains in ICICI Bank, RIL, ITC, TCS and HDFC Bank in between of positive global and foreign signals not diminished. fund entry.

Similarly, the broader NIF NSE advanced 75.85 points to 11,966.45, approaching the 12,000 mark.

The main winners in the Sensex package included Vedanta, Tata Steel, ICICI Bank, Tata Motors, SBI, HCL Tech, Sun Pharma and Bharti Airtel, with an increase of up to 3.20 percent.

On the other hand, Yes Bank, Infosys, Hero MotoCorp, Bajaj Auto and HUL fell to 4.80 percent.

In the previous session, the Sensex of 30 shares resolved 35.98 points, or 0.09 percent, higher at 40,165.03. The Nifty advanced 13.15 points, or 0.11 percent, to close at 11,890.60.

Foreign institutional investors (FII) bought a crore of Rs 533.37 in the capital market on Friday, while domestic institutional investors sold shares for Rs 136.5 million, data on the stock market showed.

According to experts, better liquidity of FII and mutual funds will maintain a positive market sentiment given the decrease in geopolitical risks and will focus on the next reforms to revive growth.

Globally, the stock exchanges in Shanghai, Hong Kong and Seoul were more optimistic about the trade agreement between the United States and China after the Chinese Ministry of Commerce announced on Saturday that the main Chinese and US trade negotiators reached a consensus About the principles.

The indexes in Tokyo, however, were in red.

Wall Street actions also ended higher after data showing that the US economy continued to add jobs at a steady pace despite the turbulence of the trade war with China.

On the front of the currency, the rupee appreciated 16 rises against the US dollar to trade at 70.65 at the beginning of the session. Brent futures, the world benchmark for oil, fell 0.53 percent to USD 61.36 per barrel. ANS ANS ANS