BSE Sensex, NSE Nifty trading at new lifetime highs

Written by fe Bureau | Mumbai | Updated: Mar 7 2014, 18:31pm hrs
BSE SensexEquities scaled new peaks on Thursday with BSE Sensex touching record high of 2,1513.87.
Benchmark indices extended gains on Friday with the benchmark BSE Sensex trading 300.81 points or 1.40% higher at 21,814.68 points, while the NSE's Nifty was trading 93.60 points or 1.46% higher at 6,494.75 points at 11.30am IST.

Experts feel markets are likely to benefit further from the narrowing current account deficit. "Optimism of shrinking current-account deficit is likely to boost the rupee and prompt foreign investors investments further," Standard Chartered said in its morning note.

*Stocks: Top Gainers/Top Losers

Among sectoral indices, the BSE Bankex (5.85%), BSE Capital Goods (4.61%) and BSE Realty (2.72%) were the major gainers. Among individual stocks, ICICI Bank (7.83%), Axis Bank (6.96%) and Larsen & Toubro (6.39%) were the major gainers on the 30-share Sensex.

Meanwhile, Asian indices were showing a mixed trend. The Nikkei (0.99%), Hang Seng (0.18%), Straits Times (0.26%), Jakarta Composite (0.19%) were trading in the green. Kospi (-0.10%) and Taiwan Taiex (-0.10%) were trading in the red.