Nifty Crosses 14,500 For The First Time, Sensex Turns Green
Mumbai: The Nifty50 on the National Stock Exchange (NSE) crossed the psychological mark of 14,500 points for the first time, the BSE Sensex also hit an all-time high of 49,328.50 points with marginal gains.
Ultratech Cement, Reliance Industries, and Larsen & Toubro were the top gainers on Sensex while IndusInd Bank, Kotak Mahindra Bank, and HCL Technologies were the top drags.
Asian peers were trading mixed on Tuesday morning with Shanghai Composite and Hang Seng up with marginal gains while Nikkei 225, TOPIX, and KOSPI were in the red.
Around 12.05 PM, Nifty was trading at 14,500.10, higher by 15.35 points or 0.11 per cent from its previous close. Sensex was trading at 49,317.91, higher by 48.59 points or 0.10 per cent from its previous close of 49,269.32.
Selling pressure was witnessed in consumer durables, capital goods, FMCG and IT stocks, while telecom, auto, and oil and gas stocks rose.