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BIZ-STOCKS-CLOSE - Sensex, Nifty hit record highs on earnings, monsoon optimism

Contributed by NAMPA / PTI.

Mumbai, Apr 16 (PTI) Equity benchmark Sensex rallied about 370 points to scale a record closing high of 39,275.64 as investors' sentiment got further boost from forecast of a near-normal monsoon and a bumper start of corporate earnings season.
Similarly, the broader NSE Nifty surged 97 points to close at a fresh high of 11,787.15.
Rising for the fourth straight session, the 30-share BSE Sensex also marked its intra-day record of 39,364.34.
The rally was mainly driven by financial, consumer ...

 

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