Sensex jumps over 200 points to hit fresh high; Nifty nears 16,700

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Equity benchmark Sensex jumped over 200 points to scale a fresh intra-day record early on August 25, tracking gains in index majors HDFC, Reliance Industries, and ICICI Bank.

After touching a lifetime high of 56,188.49 in the opening session, the 30-share index was trading 211.23 points or 0.38% higher at 56,170.21. Similarly, the broader NSE Nifty advanced 67.75 points or 0.41% to 16,692.35.

Sensex jumps over 200 points to hit fresh high; Nifty nears 16,700

 

Tata Steel was the top gainer in the Sensex pack, rising around 1%, followed by NTPC, L&T, HDFC, Nestle India, ICICI Bank, and Bajaj Finserv.

On the other hand, Titan, Tech Mahendra, HCL Tech, Asian Paints, and Dr. Reddy were among the laggards.

Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 1,644.91 crore on Tuesday, as per provisional exchange data.

Elsewhere in Asia, bourses in Hong Kong, Tokyo, and Seoul were trading in the red in mid-session deals, while Shanghai was positive.

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