Mkts boom: Nifty touches record high
Mkts boom: Nifty touches record high
The Nifty index on NSE was up by 41.60 points to hit a new high of 4,256.10 in the first five minutes of trading.

New Delhi: The markets open on strong note on Monday on the back of heavy buying witnessed across the sectors on account of strong quarterly earning and favourable cues from Asian markets.

Picking up from the firm trend seen during most days of last week, the wide-based National Stock Exchange's Nifty soared to hit an all-time high of 4256.10 points in early trade.

The Nifty index on the wide-based National Stock Exchange was up by 41.60 points to hit a new high of 4,256.10 in the first five minutes of trading. Previously, it reached an intra-day high of 4,245.305 points on February 8.

The BSE-30 share index, Sensex, which had gained 3 points in the previous trading session, was up by another 127.18 points at 14,430.59.

Stockbrokers said firming global markets mainly triggered buying in heavy-weighted stocks by foreign as well as domestic funds on the bourses here.

Most of the key sectoral indices were in the positive zone with sizeable gains, contributing support to the Sensex.

Asian markets were also trading higher on Monday.

Japan's Nikkei gained 0.56 per cent or 97.58 points at 17,497.16, Taiwan's Taiwan Weighted advanced 0.80 per cent or 64.04 points at 8,098.18, Singapore's Straits Times was up 0.18 per cent or 6.45 points at 3,518.85 and South Korea's Seoul Composite rose 0.38 per cent or 6.2 points at 1,618.45.

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