Sensex breaches 37,000-mark for first time; Nifty hits new peak

New Delhi: The benchmark Sensex breached 37,000-mark for first time and the NSE Nifty hit fresh record high on Thursday on healthy buying in banking, FMCG, capital goods and auto stocks.

The 30-share index crossed the 37,000-mark by jumping 156.42 points, or 0.42 per cent, to 37,014.65 in early trade today, breaching its previous intra-day record of 36,947.18 hit yesterday. Nifty climbed 40.20 points to hit new peak at 11,172.2.

Intra-day, the 30-share index touched a high of 37,014.65 and a low of 36,894.82.

SBIN, LT, Tata Motors, ITC, Bharti Airtel, Indus Ind Bank, Maruti, Coal India, Bajaj Auto, Reliance, Kotak Bank and HDFC Bank, rising by upto 1.44 percent.

The rupee continued to recover for the second day, climbing 10 paise to 68.69 against the US dollar on increased selling of the greenback by exporters and banks amid rising domestic equity market.

On a net basis, DIIs bought shares worth Rs 97.64 crore while foreign portfolio investors (FPIs) sold shares worth Rs 1,195.75 crore yesterday, provisional data showed.

Asian indices were showing a mixed trend. Japan`s Nikkei 225 was quoting in red, down by 0.18 percent while Hang Seng was down by 0.63 percent, South Korea`s Kospi was up 0.57 percent. China`s Shanghai Composite index was trading in red, down by 0.60 percent.

Overnight, Nasdaq closed in green, up by 1.15 per cent while FTSE 100 was down by 0.66 per cent at the closing on Wednesday.

With Agency Inputs