Sensex Rises to All Time Record of 35118, Nifty Rises to 10803 | CORPORATE ETHOS

Sensex Rises to All Time Record of 35118, Nifty Rises to 10803

By: | January 17, 2018
bse sensex

Jan 17: BSE Sensex and Nifty rose to all time record highs on better Q3 corporate earnings and positive sentiments ahead of Union Budget 2018-19.

BSE Sensex rose to an all time high of 35118 while Nifty rose to 10803 levels for the first time. The Nifty gainers were Axis Bank 587.80 (4.37%), SBI 308.10 (4.04%), ICICI Bank 343.35 (2.77%), Aurobindo Pharma 657 (2.48%) and Adani Ports 433.20 (2.28%).

Among top BSE Sensex gainers were Axis Bank, SBI, ICICI Bank, Infosys, Yes Bank, Adani Ports. LT, and ITC.

Among  the favourable factors for the bullish trend is the GST implementation. Low interest rates, revival in corporate earnings and strong mutual fund flows.

Topics: