#NiftyBankindexrose

[elite-investment-advisory-blog]

Stock Markets Today, Nifty Crosses 11,750

Indian stock benchmark indices opened the trading action on Wednesday at a record new high. The BSE Sensex rose 169 pts to a new highs of 39,226 while the NSE Nifty moved upto 11,750, to hit a new record high. Indian rupee also opened the day with marginal gains at 68.72 v/s US dollar. Leading gainers at this time are IndiaBulls Housing Finance, IndusInd Bank, Tata Motors, JSW Steel and Bharti Airtel, while major losers are BPCL, IOC, Eicher Motors, Infosys and TechMahindra. Nifty Bank index rose 0.52% at 30,512.40 with all components in green rejoiced by the Supreme Court’s decision to strike down the RBI's circular on resolution of stressed assets.  Asian shares moving at a seven-month high on brisk economic data and hopes of a rate cut by the RBI and the current govt returning to power. Also, huge fund inflow by Foreign Institutional Investors (FIIs) in the past month, have also added to the gains in the Indian stock market today. Get Nifty Future Tips , Commodity tips, Stock future tips by Best Stock Advisory Service in India. Read the full article