Equity indices continue to set fresh benchmarks; Sensex breaches 37,500 mark
Mumbai, July 30 : Continuing their record-breaching spree, the key Indian equity indices rose to fresh benchmarks on Monday riding on the back of healthy quarterly earnings.
The barometer S&P BSE Sensex breached the 37,500-mark for the first time, touching an all time high of 37,511.39 points and the NSE Nifty50 touched a record level of 11,318.50 points.
According to analysts, banking and auto stocks witnessed healthy buying activity so far.
At 2.08 p.m. the wider Nifty50 on the National Stock Exchange, traded at 11,317.20 points, higher by 38.85 points or 0.34 per cent from its previous close of 11,278.35 points.
The 30-scrip BSE Sensex which had opened at 37,491.39 points traded at 37,490.61 points (2.09 p.m.), higher by 153.76 points or 0.41 per cent from its previous close of 37,336.85 points. It touched an intra-day low of 37,292.45 points.
The top gainers on the Sensex were ICICI Bank, State Bank of India, Bharti Airtel, Axis Bank and Power Grid while HDFC Bank, Infosys, Larsen and Toubro, Adani Ports and Wipro were among the major losers.
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Railways created world record in derailments: Mamata Banerjee
Kolkata, Sep 24: West Bengal Chief Minister Mamata Banerjee on Tuesday mocked the Indian Railways, asserting that it has created a “world record” in derailments.
Banerjee’s comments came hours after a few wagons of an empty goods train jumped tracks in the state’s Jalpaiguri district.
"What is happening with the Railways? Even today, there is the news of derailment. The Railways has created a world record in derailments. But, nobody says anything?" she told reporters after an administrative review meeting in Birbhum.
"People's safety and security is in danger, and they are scared of travelling in trains. Where is the railway minister? Only asking for votes during elections will not help, you have to be by the side of people when they are in danger," Banerjee said.
Five wagons of an empty goods train derailed at New Maynaguri railway station in Jalpaiguri district on Tuesday morning.
No injuries were reported in the incident that occurred around 6.20 am, officials said.
Banerjee, who had served as railway minister twice, claimed that she had run the department smoothly and allocated several projects for West Bengal.
"As the railway minister, I had sanctioned projects worth Rs 2 lakh crore for Bengal," the CM said.
The Railways, in a recent report, had mentioned there were 18 attempts to derail trains across the country since August.
