Nifty hits record high 7000 for the first time in history, Sensex zooms 450 pts

Nifty hits record high 7000 for the first time in history, Sensex zooms 450 ptsMumbai: Continuing its record-setting spree the NSE 50-share barometer Nifty rose by over 130 points to zoom past 7,000 for the first time. The BSE Sensex surged to have surged over 450 points to hit new record high of 23,453.29 ahead of the exit poll results after market hours today.  The rupee surged past the 60 level against the dollar and was quoted at 59.51 in late morning trade.
The domestic currency had closed at 60.04 on Friday. Brokers said buying activity gathered momentum as participants engaged in creating widespread positions ahead of the exit poll results later in the day. The rupee’s rise against the American currency too had a positive impact on trading sentiment, they added.

Bureau Report

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