The NSE Nifty on Monday touched the 8,000 mark for the first time. The market opened on a bullish note after the economic growth data revealed a positive figure of 5.7 percent for the April-June quarter, which is the highest in the past two-and-half years.
The National Stock Exchange (NSE) index touched an all time high at 8,018.65 points on 1 September versus its previous top record of 7,968.25 points on 25 August.
BSE Sensex opened 59.4 points higher at 26,419.50 points against its previous closing at 26,360.10 points on Thursday (Markets were closed on Friday). However, the Nifty opened 31.8 points lower at 7,874.50 points, but regained above 7,900 mark after opening.
The Indian rupee gained three paise at 60.47 per dollar. "Increased selling of dollars by banks and exporters amid soaring equity markets on the back of heavy buying by foreign investors also supported the rupee," PTI quoted dealers.
At 10.30 am, Sensex gained 59.44 points at 26,419.55 points and the Nifty was recorded trading 1.55 points lower at 7,904.75 points.
In the mean time, among 12 Indian Stock indices; Sensex, Oil & Gas, FMCG, Capital Goods, banking and Auto stocks were recorded higher and remaining stocks plunged.
Foreign investors sold shares worth 7.11 billion rupees ($117.7 million) on Thursday, according to provisional exchange data.
-With Inputs from Reuters
