Sensex opens 264 points higher at 44,341 points; Nifty opens at 13,000 for the first time
Sensex opens 264 points higher at 44,341 points; Nifty opens at 12,997 points
By Reuters |Posted by Shankhyaneel Sarkar | Hindustan Times, New Delhi
UPDATED ON NOV 24, 2020 09:52 AM IST
Indian shares scaled a record high on Tuesday in broad-based gains, as progress on U.S. President-elect Joe Biden’s transition to the White House and optimism around another COVID-19 vaccine helped boost investor sentiment globally.
The NSE Nifty 50 index surpassed the psychologically important 13,000 level for the first time ever and was up 0.74% at 13,021.05 by 0400 GMT. The S&P BSE Sensex was 0.72% higher at 44,391.79.
All 12 Nifty sub-indexes were trading higher, with banks leading the pack. HDFC Bank and ICICI Bank were the top two boosts to the Nifty 50.
The Serum Institute of India, the world’s top vaccine manufacturer, will first focus on supplying AstraZeneca’s COVID-19 vaccine to India, Serum’s chief said on Monday, potentially increasing the chances of the shot becoming available quickly in the world’s second worst-hit country.
Other Asian markets were also trading higher on Tuesday after Biden was given the go-ahead to begin his White House transition.
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It finally closed higher by 6 paise at 72.99 to the dollar, a level not seen since September 1, 2020.
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UPDATED ON JAN 21, 2021 04:24 PM IST
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India still hopes oil majors will join race for biggest sale
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PUBLISHED ON JAN 21, 2021 02:26 PM IST
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Future Retail, Enterprises hit upper circuit after Sebi clears deal with RIL
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PUBLISHED ON JAN 21, 2021 12:15 PM IST
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PUBLISHED ON JAN 21, 2021 11:16 AM IST
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