INSUBCONTINENT EXCLUSIVE:
Stock Market Updates: HDFC, HDFC Bank and ICICI Bank were the biggest boosts for Sensex
Domestic share markets registered new record highs on Tuesday tracking gains across
global markets, as hopes that a US COVID-19 relief package would be expanded and a Brexit trade deal supported investor risk appetite
The S-P BSE Sensex index rose 360.8 points, or 0.76 per cent, to an all-time high of 47,714.55 during the session, and the broader NSE Nifty
50 benchmark added 94.40 points, or 0.68 per cent, to an all-time high of 13,967.60
Broad-based gains, led by banking and financial services shares, pushed the markets higher
The Sensex ended 259.33 points, or 0.55 per cent, higher at 47,613.08 and the Nifty settled at 13,932.60, up 59.40 points, or 0.43
Comes To A Close, Say Analysts)The Nifty Bank index - which tracks stocks of 12 major lenders in the country - ended 1.43 per cent higher,
rising for the fifth day in a row.Banking, which is among the few sectors still down this year, has been catching up with the broader
market's advance as foreign investors bet that a rebound in economic activity will benefit lenders.Equities elsewhere in Asia jumped on
Tuesday, with Japanese stocks hitting a 30-year high
MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.46 per cent higher at the last count
Japan's Nikkei 225 benchmark surged 1.63 per cent to its highest since August 1990.European share markets started the day on a strong note,
with the Eurostoxx 50 benchmark index trading 2.34 per cent higher in early trade
related to the coronavirus outbreak supported investors' risk appetite
The positive mood also helped oil futures rise during Asian trading in hopes for an acceleration in economic activity.More US fiscal
stimulus has also eased concerns about the threat posed by new variants of the coronavirus identified in Britain and South Africa.
