Sensex, Nifty touch new record highs; banking stocks rise
Mumbai, Aug 6: Key equity indices - BSE Sensex and NSE Nifty50 -- touched fresh all-time highs on Monday, supported by healthy buying in banking, consumer durables and auto stocks.
Both the Sensex and Nifty50 hit their all-time highs of 37,801.78 points and 11,427.00 points respectively.
According to analysts, broadly positive global cues also supported the gains.
At 9.33 a.m. the wider Nifty50 on the National Stock Exchange traded 11,421.00 points, higher by 60.20 points or 0.53 per cent from its previous close.
The BSE Sensex which had opened at 37,714.70 points, traded at 37,789.52 points (9.35 a.m.) - higher by 233.36 points or 0.62 per cent -- from its previous close of 37,556.16 points. It touched an intra-day low of 37699.37 points so far.
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Two riders killed, several injured in head-on collision between bike, SUV in Yadgir
Yadgir: A biker and the pillion rider were killed on the spot in a road accident reported from Aldal Main Road within the Kembhavi Police Station limits in Surpur taluk where an SUV dashed against their motorcycle head-on.
The deceased riders are identified as Basavaraja (55) and Chandappa (38), who was riding pillion. They are learned to have been residents of Gogi village, and were returning home after attending a wedding function in Thumbigi village, Sindhagi taluk, of Vijayapura district, when the accident occurred.
The riders reportedly fell off the bike and died on the spot due to the impact of the collision between the vehicles while the SUV overturned and fell beside the road.
Also, many of the passengers are said to have sustained injuries and are being treated in a local hospital.
Kembhavi Police officers have visited the accident spot and held an inspection.
