Sensex Scales New Peaks

Bombay Stock ExchangeToday, the BSE Sensex opened healthily at 14,720, continuing its upward trend to touch a record high of 14,790.87. The stocks from banking, auto, and IT led the advances.
On the other hand, Asian markets also opened higher after a rise in the metal and crude prices. The increase was further affected by a report that mulled an upward drift in the constructing activity in USA and Europe.
According to Vishwas Agarwal that the stock market seems to be in the optimistic region over Nifty 4,286 intensity, paced by telecom, banking, cement, sugar, and automobile sectors.
He anticipates profit booking to occur in some excited frontline stocks in Tuesday`s trading.
Today, there were 1,139 advancements as against 297 declinations. Among the sectoral indices, BSE Bankex arose 0.90%, BSE Auto ascended 0.52%, BSE Consumer Goods came up 1.28% and BSE IT climbed up 0.51%; while FMCG benefited 0.60%.
The stocks leading the gainers’ path include L&T, HDFC Bank, SBI, Maruti, Reliance Comm. and ACC.