Rudra Investment Best Nifty Tips expert says the BSE Sensex and Nifty reached its highest ever since the Bombay Stock Exchange on Wednesday. The Sensex closed at 37,887.56 with a gain of 221.76 points on Wednesday. On the other hand, the Nifty climbed 60.55 points to close at 11,450.
Earlier, on Wednesday, the Sensex gained 110 points in the initial trading on sustained buying by foreign investors amid strong strong Asian trend, while the Nifty went back 11,400 points.
The Sensex, based on 30 shares of the Bombay Stock Exchange, rose 110.06 points, or 0.29 percent, to 37,775.86 in the initial trading session. In the previous trading session, the Sensex had climbed to 26.09 points.
The Nifty of the National Stock Exchange also saw 33.40 points in the opening round. Rose 0.29 percent to 11,422.85 points. Brokers said continued buying in foreign institutional investors (Sensex) among other Asian markets helped steady the domestic stock market.
According to the primary data, foreign portfolio investors bought a net of shares of Rs 314.83 crore yesterday, while domestic institutional investors remained net sellers of Rs 319.90 crore.
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