Advertisement

HindustanTimes Sat,23 Aug 2014

Sensex hits record closing high; metal stocks surge

Reuters  Mumbai, June 03, 2014
First Published: 10:30 IST(3/6/2014) | Last Updated: 16:59 IST(3/6/2014)

The BSE Sensex rose to a record close on Tuesday as metal firms such as Tata Steel surged on improving China's factory and services data, with sentiment also supported after the central bank kept rates on hold and toned down its inflation rhetoric.

Tata Steel provisionally rose 6.7% while Sesa Sterlite ended higher 6%.

The benchmark BSE Sensex provisionally rose 0.7%to a record closing high of 24,858.59, surpassing its previous milestone set on May 26.

The broader Nifty gained 0.7%to a record closing high of 7,415.85, surpassing its previous record hit on May 23.


Advertisement
more from Business

Goldman Sachs in deal worth $1.2bn over US bond claims

The Federal Housing Finance Agency, which oversees Fannie and Freddie, announced the settlement Friday with the Wall Street powerhouse. Goldman Sachs sold the securities to the companies between 2005 and 2007.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved