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.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
India welcomes Gaza ceasefire, hostage release deal
New Delhi (PTI): India on Thursday welcomed the Gaza ceasefire and hostage release deal between Israel and Hamas.
The announcement on the deal comes after 15 months of conflict in Gaza.
In its reaction, India hoped that the agreement will lead to a safe and sustained supply of humanitarian assistance to the people of Gaza.
"We welcome the announcement of the agreement for the release of hostages and a ceasefire in Gaza," the Ministry of External Affairs (MEA) said.
"We have consistently called for release of all hostages, ceasefire, and return to a path of dialogue and diplomacy," it said.
