Sensex hits new life-time high; closes at 26,390

BSE Sensex on Monday scaled new record highs by zooming 288 points to 26,390.96 in the closing trade.

Zee Media Bureau

New Delhi: BSE Sensex on Monday scaled new record highs by zooming 288 points to 26,390.96 in the closing trade.

Brokers said market sentiments were upbeat on sustained capital inflows and widespread buying by retail investors after several blue-chip companies posted better-than-expected first quarter earnings.

Besides, rebound in the rupee against the dollar on Friday and easing global crude oil prices buoyed trading sentiments, they said.

Meanwhile, Foreign Portfolio Investors (FPIs) bought shares worth a net Rs 625.18 crore in the previous session, as per provisional data from the stock exchanges.

Among other Asian markets, Hong Kong's Hang Seng was down 0.15 percent while Japan's Nikkei rose 0.23 percent in early trade on Monday.

With PTI Inputs

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