Equity benchmark Sensex rallied about 370 points to scale a record closing high of 39,275.64 as investors' sentiment got further boost from forecast of a near-normal monsoon and a bumper start of corporate earnings season.
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Indian shares extended gains to record highs on Tuesday, led by index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign investors.
The scrip listed at Rs 633, zooming 17.65 per cent from the issue price on the BSE. It later jumped 22.67 per cent to Rs 660. At the NSE, shares opened the day at Rs 633. On the traded volume front, 10.61 lakh shares of the company exchanged hands on the BSE and over one crore shares on the NSE, in morning trade.
The BSE benchmark Sensex jumped over 200 points in early trade Tuesday led by gains in banking, metal, oil and gas, telecom and auto stocks, amid unabated foreign fund inflows and positive global cues.
Keeping a track of market related news updates can be crucial for making informed investment decisions. Trading tips and brokerages for key stocks can also prepare you for the trading day ahead.
Equity benchmark Sensex added another 139 points on Monday, marking third straight session of gains, as encouraging start of the earnings season by IT major TCS boosted investors' sentiment.
The triggers that might guide market in the coming week are IIP & CPI numbers and Infosys & TCS Q4 earnings released post-market hours on Friday, Q4 earnings of other major firms, the second phase of Lok Sabha polls, IMD's monsoon forecast and WPI inflation data.