Sensex on a new high at 34,087 points, oil stocks highest level
The benchmark Sensex on Wednesday achieved yet another record by hitting 34,087 due to powerful healthcare, power and oil stocks.
Oil prices surged to the highest level since mid-2015.
The 30-share Sensex appreciated by 76.71 points, or 0.22 per cent, to reach a new high of 34,087.32, breaching its previous intra-day record of 34,061.88 hit on Tuesday.
The gauge had gained 254.33 points in the previous two sessions.
Nifty was however without much change, up 1.75 points, or 0.01 per cent, at 10,533.25 in the morning.
Major movers were Sun Pharma, NTPC, ONGC and Tata Motors, gaining up to 2.88 per cent.
Domestic institutional investors (DIIs) purchased equities worth a net Rs 544.50 crore yesterday while foreign portfolio investors (FPIs) sold shares worth a net Rs 44.07 crore, provisional data showed.
-PTC News
