Sensex Closes at Record High, Nifty Ends Above 11,000

Markets opened with firm gains after BoJ shocks with negative interest rates. (Photo: Reuters)

Indian equity benchmarks extended gains for the fourth consecutive trading session on Tuesday, 2 April, with the S&P BSE Sensex closing at a record high of 39,057 for the first time, jumping 185 points during the day’s trading. The NSE Nifty 50 index ended at 11,713, showing a gain of 0.38 percent at closing bell, while the broader market index represented by the NSE Nifty 500 Index ended 0.19 percent higher.

The markets had opened earlier on Tuesday with S&P BSE Sensex rising as much as 0.37 percent to 39,017 and the NSE Nifty 50 gaining as much as 0.36 percent to 11,711.55. The NSE Nifty 500 Index rose as much as 0.34 percent.

This comes a day after Sensex started off the new fiscal on a bullish note and hit an all-time high of 39,115 on Monday, but pared significant gains towards the fag-end of the session and closed higher with nearly 199 points. It closed at 38,871 on Monday, showing a rise of 198.96 points or 0.51 percent.

Meanwhile, the Indian rupee opened lower against the US dollar on Tuesday, depreciating as much as 0.29 percent to 69.36 against the greenback.

(With inputs from BloombergQuint and PTI.)