Sensex hits record high, Nifty trades over 11,000 mark
Mumbai, July 12 : The benchmark BSE Sensex touched an all-time high of 36,699.53 points on Thursday, tracking gains in the Asian markets.
The previous record level of the Sensex was of 36,443.9 points on January 29, 2018. In line with its bullish trend, the wider Nifty50 on the National Stock Exchange traded over the 11,000 mark during the day.
In the Asian markets, investor sentiments were boosted after reports on Wednesday said China and the US may resume talks to ease the ongoing trade tensions.
At 12.29 p.m., Nifty50 traded at 11,067.95 points -- higher by 119.65 points or 1.09 per cent -- from its previous close of 10,948.30 points.
The barometer 30-scrip Sensex, which had opened at 36,424.23 points, traded at 36,659.62 points (12.29 p.m.) -- up by 393.69 points or 1.09 per cent -- from its previous session's close of 36,265.93 points.
As mentioned, it has so far touched an intra-day high of 36,699.53 points and a low of 36,422.08 points. The BSE market breadth was bullish with 1,427 declines against 965 advances.
In another major development, market capitalisation (m-cap) of Reliance Industries reached Rs 695,102.97 crore or $100 billion during the day, the second Indian company to reach the level after Tata Consultancy Services.
The top gainers so far on the Sensex were Reliance Industries, Yes Bank, State Bank of India (SBI), Larsen and Toubro (L&T) and Hindustan Unilever whereas Infosys, Mahindra and Mahindra (M&M), Adani Ports, Power Grid and Tata Consultancy Services were the losers.
On the NSE, Reliance Industries, Hindustan Petroleum and BPCL were the highest gainers while Bharti Infratel, Infosys and UPL lost the most.
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AAP leader Atishi takes charge as eighth CM of Delhi, leaves Arvind Kejriwal's chair empty
New Delhi (PTI): AAP leader Atishi, who took the oath of office on Saturday, took charge as the eighth chief minister of Delhi on Monday.
The Delhi Assembly's session will be held on September 26 and 27.
Atishi has retained the 13 portfolios she held in the Kejriwal government, including those of education, revenue, finance, power and PWD.
"I will work for four months as the chief minister of Delhi like Bharat did by keeping Lord Ram's Khadaun on the throne. Arvind Kejriwal has set an example of dignity in politics by stepping down. The BJP left no stone unturned to tarnish his image," she said after taking charge.
Atishi sat on a different chair as used by Kejriwal.
"Hope people will bring back Kejriwal in February polls, his chair will remain in the CM office till then," she said.
Saurabh Bharadwaj has eight departments under him, the highest after Atishi, including those of health, tourism, art and culture.
New entrant Mukesh Ahlawat has got the portfolio of labour, SC and ST, employment and land and building departments. Gopal Rai has been given the portfolio of development, general administration department, environment and forest -- the portfolios he held in the Kejriwal government.
Kailash Gahlot has also retained his previous portfolios -- transport, home, administrative reforms, women and child development.
The new Cabinet headed by Atishi has a long list of pending projects, schemes and new initiatives to be launched in the next few months before Delhi goes to polls in February next year.
