Sensex on bullish trend, crosses 39,000 mark

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New Delhi: BSE Sensex crossed 39,000 mark for the first time fuelled by strong inflows from foreign portfolio investors hoping Modi dispensation retaining power again.

Stock exchange sources said the BSE benchmark touched a record high of 39,028.67 which is over 330 points from Friday’s closing at 38,672.91.

Market sources said the bullish trend in the market were also contributed to positive Asian shares.

The BSE Sensex had risen over 127 points to close at 38,672.91 on Friday, the last trading day of fiscal 2018-19 during which the benchmark posted a rise of 17.30 per cent.

The NSE Nifty closed at 11,623.90, capping off the financial year with a gain of 14.93 per cent. Investors’ wealth zoomed Rs 8.83 lakh crore during 2018-19.

 

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