The benchmark BSE Sensex hit the 35,000 level for the first time in late afterꦍnoon trade today as buying gathered momentum on easing fiscal defic✤it worries.
The 30-share index crossed the 35,000-mark by jumping 231.73 points or 0.66 per cent to 35,002.78, breaching its pr𒀰evious intra-day record of 34,963.69 hit on January 15.
💯It took 17 sessions for the index to reach the 35,000 mark from 34,000 level reached on D꧑ecember 26.
Strong gains in banking, IT, FMCG and capital goods 𒆙stocks helped the index top new milestone.
Sentiments got a boost after ൩the government today lowered the additional borrowing requirement for the current fiscal to Rs 20,000 crore from Rs 50,000 crore estimated earlier, brokers said.
All sectoral indices, driven by IT, banking, PS𒐪U, capital goods and healthcare, with gains o𝓀f up to 1.21 per cent.
The NSE Nifty spurted 61.15 points, or 0.57 per cent, to trad🌺e at 10,761.60.
Analysts said strong liquidity in the market following unabated buying by foreign funds inflows and encouraging Q3 earn👍ings by some companies lifted the mood.
Foreign portfolio investors (FPIs) bought shares worth a net Rs 693.17 crore while domestic institutional investors (DIIs) had sold eqܫuities worth a net Rs 246.38 cror𝄹e yesterday, as per provisional data.
The big gainers that helped the flagship Sensex to new peak were SBI, Axis Bank, Infosys, Adani Ports, Yes Bank, ICICI Bank, L&T, TCs, ITC Ltd, Dr Reddy's, Sun Pharma, Bajaj A🧜uto, Power Grid, NTPC, HDFC Ltd, M&M and Tata Steel, surgin🌸g up to 3.43 per cent.
Asian stocks were mixed, while Europea♊n mark♏ets were down n their opening trade.
PTI
