Stock markets: Sensex, Nifty hit fresh record highs amid strong global cues in early trade.
Picture Supply : PTI/REPRESENTATIVE Inventory markets replace: March 7

Inventory markets: Fairness benchmark indices Sensex and Nifty hit contemporary document highs on Thursday amid robust international cues. The 30-share BSE Sensex climbed 159.18 factors to achieve an all-time peak of 74,245.17 in early commerce. The Nifty went up by 49.6 factors to 22,523.65.

Among the many Sensex companies, JSW Metal, Tata Metal, Bajaj Finance, Bajaj Finserv, Asian Paints and State Financial institution of India had been the main gainers. Mahindra & Mahindra, Infosys, Axis Financial institution and ICICI Financial institution had been among the many laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong had been buying and selling decrease. International oil benchmark Brent crude dipped 0.13 per cent to USD 82.85 a barrel. 

Rupee towards greenback 

In the meantime, the rupee stayed agency and rose 9 paise to 82.74 towards the US greenback in early commerce on Thursday on the again of a weak American forex abroad and a sustained influx of overseas funds within the home capital markets.

The native forex additionally discovered help from constructive fairness markets, nonetheless, risky crude oil costs capped its rally, foreign exchange merchants mentioned. On the interbank overseas change, the home forex opened at 82.82 and gained additional to commerce at 82.74 towards the dollar, climbing 9 paise from its earlier shut.

(With inputs from PTI)

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