Sensex jumps over 300 points to hit lifetime high

at 12:18 pm
BSE

Mumbai (NVI): Sensex jumped over 300 points to hit its lifetime high of 41,262.88 in the early morning trade led by gains in IT, metal and financial stocks.

The 30-share BSE Sensex after rising 324 points in early session was trading at 292.28 points or 0.71 per cent higher to 41,231.

Similarly, the 50-scrip NSE Nifty inched closer to its record peak of 12,158.80. It was trading 78.15 points or 0.65 per cent higher at 12,132.10.

Tata Steel emerged as the top gainer with 3.24 per cent rise in the Sensex pack, followed by Vedanta, Infosys, Yes Bank, TCS, Maruti and Axis Bank.

On the other hand, Sun Pharma was the top loser, shedding up to 1.09 per cent. ONGC, NTPC, Bajaj Auto and PowerGrid were also trading in the red.

Meanwhile, the Indian rupee appreciated by 4 paise to 70. 96 against the US dollar in early trade.

On Monday, the Sensex gauge ended 70.99 points or 0.17 per cent down at 40,938.72, while the Nifty finished 32.75 points or 0.27 per cent lower at 12,053.95.