Sensex opens to a new record-high; Nifty hits 8,200-mark for first time

Cheering the Modi government's recent economic reforms and the US Federal Reserve's move on low interest rate, the Indian markets on Friday open to a new high with the Sensex up 147 points to 27,493.59 while the Nifty breached the 8,200-mark for the first time ever.

Zee Media Bureau

New Delhi: Cheering the Modi government's recent economic reforms and the US Federal Reserve's move on low interest rate, the Indian markets on Friday open to a new high with the Sensex up 147 points to 27,493.59 while the Nifty breached the 8,200-mark for the first time ever.

Markets opened strongly on Friday, gaining for the fourth day, following Thursday's record-high closing of 27,346.33.

Nifty also opened strongly gaining over 50 points to hit the 8,200-mark for the first time ever in opening trade.

Infosys and HDFC were the top Sensex gainers rising over 1 percent each. Shares of Maruti Suzuki also rose over 1 percent in trade.

However, shares of lndia's leading private bank, ICICI was down 0.6 percent pull down by bad loans of the company despite a quarterly profit that beat expectations.

Unitech, Bharti Airtel, Suzlon Energy and IDFC were among the top traded stocks on the NSE.

Meanwhile, the rupee snapped its four-day falling streak and rose by eight paise to 61.37 against the US dollar in early trade today on sustained foreign capital inflows amidst a higher opening in the domestic equity market.

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