The Hindu Business Line file photo

Chennai, India (BBN) –The BSE Sensex, after opening weak, scaled a new peak of 31,155.40 in late morning trade on sustained buying by domestic institutional investors and retailers.
The NSE Nifty too soared to an all-time high of 9,622.30 after touching a low of 9,547.70 in early trade, reports The Hindu Business Line.
The Sensex resumed on a negative note and cracked below the 31,000-mark to touch a low of 30,869.90 briefly, but bounced back to quote 127.19 points or 0.40 per cent higher at a fresh life-time high of 31,155.40, surpassing its previous high of 31,074.07, recorded on May 26.
The index had gained 726.57 points in the previous two sessions.
Similarly, the 50-share NSE index Nifty also hit yet another record high of 9,622.30 by gaining 27.20 points or 0.28 per cent. It breached the previous record of 9,604.90 registered on May 26.
At 11.35 a.m., the 30-share BSE index Sensex was up 43.12 points or 0.14 per cent at 31,071.33 and the 50-share NSE index Nifty was down 3.2 points or 0.03 per cent at 9,591.90.
Among BSE sectoral indices, FMCG index was the star-performer and was up 1.62 per cent, followed by consumer durables 1.35 per cent, metal 0.31 per cent and auto 0.1 per cent. On the other hand, healthcare index plunged the most by 3.13 per cent, realty 3.13 per cent, infrastructure 1.34 per cent and IT 1.03 per cent.
Top five Sensex gainers were ITC (+2.82%), HDFC (+2.07%), HUL (+2.05%), Power Grid (+1.33%) and Reliance (+1.24%), while the major losers were Sun Pharma (-11.37%), Adani Ports (-4.42%), ICICI Bank (-1.87%), Wipro (-1.21%) and Infosys (-1.07%).
EARLY TRADE
The 30-share index slipped below the 31,000-mark by falling 158.31 points or 0.51 per cent to 30,869.90.
The gauge had closed at a life-time high of 31,028.21 after scaling an intra-day record high of 31,074.07 on Friday.
On similar lines, the NSE index Nifty retreated from life-time highs to quote 47.40 points or 0.49 per cent lower at 9,547.70. It had closed at an all-time high of 9,595.10 after soaring to 9,604.90 (intra-day) on Friday.
ASIAN SHARES
Asian stocks edged up on Monday, taking cues from Wall Street shares hovering around record highs, while the pound nursed losses after a poll showed a shrinking lead for Prime Minister Theresa May’s party in Britain’s upcoming elections.
MSCI’s broadest index of Asia-Pacific shares outside Japan was a touch higher.
Japan’s Nikkei edged up 0.2 per cent, while Australian shares dipped 0.4 per cent. China’s markets are closed on Monday and Tuesday for a holiday.
The US Dow Jones Industrial Average had ended 0.01 per cent lower on Friday.
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