Market Live:
Sensex at a fresh record high, Nifty hits 11,300 for first time; ICICI Bank,
BoB surge
Equity benchmarks
have clocked fresh record highs on Monday morning, with the Nifty hitting
11,300 for the first time, while the Sensex is also well above
37,400-mark.
The Sensex is up
92.84 points or 0.25% at 37429.69, and the Nifty up 21.10 points or 0.19% at
11299.50. The market breadth is positive as 434 shares advanced, against a
decline of 123 shares declined, while 55 shares were unchanged.
Banks are the big
gainers of this morning, with PSU banks seeing a big surge, led by Bank of
Baroda. ICICI Bank is trading strong post its June quarter results as well.
The
midcap index is up around quarter of a percent. Meanwhile, the Bank Nifty has
also hit a fresh record high.
The Indian rupee opened lower by 5 paise
at 68.70 per dollar on Monday versus Friday's closing 68.65.
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