Sensex Crosses Record 53500 Mark, Currently At 53509, Up By 558 Points

New Delhi: The BSE Sensex and Nifty have achieved record highs today. The Sensex gained more than 558 points to close at 53,500. The Nifty has also gained 115 points to cross 16,000 for the first time. The Nifty had reached 15,000 on February 5 this year. The Sensex had climbed 363.79 points, or 0.69 percent, in the previous session.

Stock markets on Tuesday hit a record high of Rs 238.95 lakh crore in market capitalisation of listed companies on the BSE amid gains during early trading. Investors’ assets have increased by Rs. 3.45 lakh 729 crore since Friday’s closing price. Titan gained nearly four per cent in the day’s trading. In addition, Sun Pharma, Bharti Airtel, HDFC, IndusInd Bank and Asian Paints were also among the leading stocks.

Rupee climbs 4 paise against US dollar

The Indian rupee climbed four paise, to 74.30 against the US dollar on Tuesday, amid cautious traders’ stance. The Indian Rupee opened at 74.36 against the dollar in the interbank forex market, then gained to 74.30, showing a four-paise increase over the previous close.

The rupee had closed at 74.34 against the US dollar on Monday. Global oil benchmark Brent crude futures were down 0.04 per cent at USD 72.86 a barrel.