Sensex closes above 30,000 first​ time in history, Rupee at 20-month high

Srividhya Iyer
The Rupee traded at a record 20-month high against the U.S. dollar. It opened at 64.16 a dollar and touched a high of 63.96.

New Delhi, Apr 26:  Benchmark indices extended their gains and closed at all-time highs. While the Sensex gained 190.11 points or 0.63 per cent to close at 30,133.35, Nifty managed to gain 45.25  or 0.49 per cent to close at a remarkable, 9,351.85.

The record is remarkable, especially since it is the first time that Sensex is closing above the 30,000 mark in its history. Further, the Rupee traded at a record 20-month high against the U.S. dollar. It opened at 64.16 a dollar and touched a high of 63.96. The last time the index came close to the above level was in  August 2015.

Apart from positive global cues, the other key factors that led to the buoyed performance in the financial market include increased Inflows of foreign institutional investments and even domestic investors. Positive performances in the fourth and final quarter by various enterprises such as Wipro, Infosys and Reliance Industries Ltd among others also added to the positive sentiments.

The early results in the French polls, wherein centrist candidate Emmanuelle Macron managed to gain a lead over his far-right opponent Marine La Pen, managed to trigger a good response from global markets. The effects of this have been reflected in both the Sensex and the Nifty.

Sectorally, the S&P BSE Bankex and S&P BSE Auto index rose 1 percent and 0.8 percent, each. However, the Nifty realty index was down by 5 per cent. The top performing stocks in the 50-strong BSE include ITC, Mahindra and Mahindra, HDFC and Hindustan Unilever that each gained by .26, 3.29, 2.36 and 1.78 per cents each.

Top losers in the BSE were Adani Ports, Infosys, Dr Reddy and Power Grid that closed with a loss of 2.31, 1.61, 1.31 and 1.30 percentage points each. Similarly, the top gainers in the NSE include Mahindra and Mahindra, ITC, Hindalco and HDFC.